Iran says domestic firms can buy oil
Tehran, Iran, June 21
By Milad Fashtami - Trend:
Deputy Director of National Iranian Oil Company (NIOC) Seyed Mohsen Qamsari said that buying oil is not exclusive for foreign companies.
"Domestic companies can also buy crude oil and oil products," he said, Iran's ISNA News Agency reported.
"NIOC is currently selling some products to domestic firm" Qamsari said, adding that domestic firms pay the price of the products with domestic currency, the Rial.
The deputy director further noted that applicants should directly contact the NIOC.
"Iran currently sells oil in the energy bourse in order to have a direct contact with costumers," he said.
Iran's oil exports fell in April for a second month, according to sources who track tanker movements, moving closer to levels allowed by November's interim deal on curbing Tehran's nuclear programme, Reuters reported on April 29.
The decline may reflect seasonally lower crude oil demand and U.S. pressure on some customers take less. Signs of higher Iranian sales since late 2013 have led to concern in Washington that a softening of sanctions has given Tehran's economy a boost.
Iran's crude exports have averaged 1.1 million barrels per day (bpd) in April, said one of the sources, down from almost 1.3 million bpd in March. That would bring exports back down to the average 2013 level of Iranian imports.