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Iran stops selling crude oil to Eni, Statoil

Business Materials 10 May 2014 17:19 (UTC +04:00)
Iran has stopped selling crude oil to such giant oil companies as Italy’s Eni and Norway’s Statoil.

Baku, Azerbaijan, May 10

By Fatih Karimov - Trend: Iran has stopped selling crude oil to such giant oil companies as Italy's Eni and Norway's Statoil.

Mohsen Qamsari, Director of the National Iranian Oil Company for International Affairs, said the two companies should get the permission from the EU to import Iranian crude, Iran's Mehr news agency reported on May 10.

However, Iran sees no problem in selling crude oil to the two companies provided that the legal hindrances are removed, Qamsari said.

Paolo Scaroni, CEO of Italy's Eni met with Iranian Oil Minister Bijan Namdar Zanganeh in December 2013,

The meeting came after Zanganeh named Eni as one of seven Western companies he wanted to invest in Iran's energy sector if international sanctions are lifted.

The talks also covered debts Eni is owed by Iran for previous investment and future terms for foreign companies to help revive Iran's oil and gas industry, Scaroni told reporters after the meeting.

World oil giants have shown interest in returning to Iran following the easing of sanctions against Iran in light of the implementation of Tehran's nuclear deal with world powers.

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