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Iran and Russia agreed on an `oil-for-goods` deal. Iranian Minister of Petroleum Bijan Zangeneh said Thursday.
According to Zangeneh. Iran is now waiting for Russian oil companies to send their oil tankers.
It`s done. We are now waiting for Russia to implement the deal. We have no difficulties. we signed the contract. everything between the parties is well-coordinated. Zangeneh said.
Russian Energy Minister Aleksandr Novak said in March that Russia planned to buy 100.000 barrels a day. or nearly 5 million tons a year. in exchange for cash. which Iran would then spend on Russian goods such as steel. wheat and oil byproducts.
Russia`s trade envoy to Iran. Andrey Luganskiy. made an assessment that under the deal Russia could provide Iran with products worth $45 billion a year.
