Iran's oil to EU: one cargo ready, two more to go

Oil&Gas Materials 17 February 2016 13:01 (UTC +04:00)

Baku, Azerbaijan, Feb.17

By Emil Ilgar - Trend:

Iran will be sending the second oil cargo to European Union before the end of February, a top Iranian oil official said.

The Managing Director of National Iranian Oil Company Rokneddin Javadi told Shana on Feb.17 that the first cargo is being loaded, while the second and third cargoes are on the way.

According to Javadi, Iran's exports (some 4 million barrels of crude oil) are to be delivered to French, Spanish and Russian companies.

Before, Javadi told Shana on Feb.13 that at the first stage, about two million barrels of Iranian oil would be delivered to France's Total and the remaining cargo would be sold to Russian and Spanish companies.

He didn't disclose the name of the companies, but added that the Russian company would deliver the Iranian oil to its refinery in Romania.

Russian Lukoil has a refinery (Ploiesti) in Romania.