Iran refutes oil sales by Russia

Iran refutes oil sales by Russia
ID : N-3293 Date : 2018/10/31 - 13:15

(Persia Digest) - The Iranian Oil Minister has commented on reports of Iranian oil being sold by Russia, syaing: “I categorically refute these allegations by Reuters and some other media.”

Persia Digest (PD) reports that following his meeting of 22 February 2016 with the Russian Minister of Energy, Alexander Novak, Bijan Zangeneh had announced that Iranian oil will be sold to Russia for outside customers. Fifty percent of the price would be paid on delivery and the other 50 percent would be bartered by Russia.


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But, on 21 June 2018, the Iranian Foreign Minister spoke about the “Great cooperation package between Iran and Russia” and “Exchange of oil and commodities”, saying: “I do not believe that part of this is selling or giving oil to Russia and receiving goods for it.”

During the previous sanctions, the sale of oil through Russia was one of the options considered for the sale of Iranian oil on the market. But, on 25 October 2018, the Deputy Prime Minister of Russia Dmitry Kozak, stated: “No requests have been placed by Tehran for the transfer or Iranian oil through Russia.”


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The US had warned Russia about the sale of Iranian oil earlier.

The “Times of Israel” newspaper has claimed that a meeting took place between Iran and Russia in Tehran last month to transfer Iranian oil to Russian refineries and sale on global markets.

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