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Oil stock exchange to be established in Iran

Oil&Gas Materials 24 January 2011 19:00
Iranian President Mahmoud Ahmadinejad gave an order due to establishing the oil stock exchange rapidly, MEHR news agency reported.
Oil stock exchange to be established in Iran

Azerbaijan, Baku, Jan. 24 / trend T. Jafarov /

Iranian President Mahmoud Ahmadinejad gave an order due to establishing the oil stock exchange rapidly, MEHR news agency reported.

According to the information, the oil stock exchange will be created on the Iranian island of Kish. Several meetings have been recently held to discuss the issue between the stock exchange and the country's oil ministry.

Abbas Yaqubi, the secretary of the Oil Exchange Presidium, said that crude oil and oil products were put on sale. The oil stock exchange will begin to work within three years.

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