Russia in Talks over Iranian Oil Purchases

Russia has been in talks of buying oil from Iran. Energy Minister Alexander Novak said on Monday. confirming earlier reports.
At the sidelines of a economic forum in the Black Sea resort of Sochi. Novak told reportes he expected the deal to be reached within weeks. The purchases will be carried out via Promsirieimport. a trading unit of Russia`s Energy Ministry. he said.
Last week. Iranian Students` News Agency (ISNA) reported that Iran will begin selling 100.000 bpd of to Russia within the next 15 days and receive payment half in cash and half in goods and services.

About core

Check Also

Saudi Aramco Reports 15pc Drop in Q3 Profit but Maintains Dividend

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to …

Leave a Reply

Your email address will not be published. Required fields are marked *