...

Iran’s oil export to EU up 10% in December

Business Materials 25 January 2017 17:37 (UTC +04:00)

Baku, Azerbaijan, Jan. 25

By Emil Ilgar – Trend:

Iran’s oil export to the EU reached 767,000 barrels per day (b/d) in December, or 10 percent more than in November 2016.

According to official statistics from the Oil Ministry’s OPEC Affairs Department, Turkey, Italy, Spain and Greece imported 287,000 b/d of Iran’s oil in December.

Currently, Iran has long term oil deals with France’s Total, Italy’s Saras, Greece’s Hellenic Petroleum, Russia’s Lukoil, Spain’s Cepsa and Turkey’s Tupras to export oil.

These companies get 60 percent of Iran’s total oil export to the EU, Mehr reported Jan. 25.

Iran also sells spot oil to nine European companies, including OMV, Lotos, BP, PKN Orlen, Vitol Repsol, MOL Group and Shell.

Tags:
Latest

Latest