Iran rules out Turkey's role in solving India's oil debts
Azerbaijan, Baku, August 1 /Trend/
Iran has solved the oil payment problem with India after long negotiations while the Governor of the Central Bank of Iran rules out Turkey's role in solving the money transfer, Mehr News Agency reported, quoting the Governor of Central Bank of Iran Mahmoud Bahmani as saying.
"Turkey has no part in solving India's oil payment. Iran had good long negotiations with India and the problem has been resolved", he said.
I say with confidence that there is no problem in receiving India's debt over oil payments and Iran would definitely receive the payment, he added.
He rejected early news of receiving India's oil payment through Turkey, saying "Iran will solve the problem of oil payment by itself".
The Governor of the Central Bank of Iran refused to give the price figure of India's debt, adding that the CBI will announce the figures by Iran's Oil Ministry.
Previously the Governor of the Central Bank of Iran, Mahmoud Bahmani, announced India's debt over Iran's oil payment as $5 billion, while Iran attempts to resolve the problem of transferring money.
Managing Director of National Iranian Oil Company Ahmad Ghalebani said earlier that Iran and India reached a final agreement on oil payment where India will pay part of its debt to Iran this week.
Iran 's oil export to India is reduced by 90,000 barrels of oil per day from July 23, however the Oil Ministry says the reduction is temporary and due to technical problems in India's oil Terminals and not due to India's debts
Despite India's debt, Iran continues to export 400,000 barrels of oil to India daily, worth $1 billion per month .