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Iran: No talks with US Chevron over oil sale

Oil&Gas Materials 29 May 2016 14:50 (UTC +04:00)

Baku, Azerbaijan, May 29

By Fatih Karimov - Trend:

No talks was held so far with Chevron for selling oil to the US company's refinery in South Africa, Mohsen Ghamsari, director of international affairs at the National Iranian Oil Company (NIOC), said.

He further said that talks are underway with other South African refineries for oil sell, however no agreement was made so far, Mehr news agency reported May 29.

Meanwhile Roknodin Javadi, the managing director of the NIOC earlier said that Iran sees no limit for selling oil to US refineries.

During visit of Thembisile Majola, South Africa's deputy energy minister to Tehran last September, it was announced that Pretoria would negotiate with Chevron on resuming oil import in post-sanctions period.

The two parties agreed that the South African energy ministry talk with Chevron, which is a shareholder of one of the giant refineries in the African country, about resuming crude imports from Iran.

South Africa was one of Iran's traditional oil markets before the sanctions were imposed on the Islamic Republic due to its disputed nuclear program. Last month before the sanctions cut down Iran's crude oil exports (June 2012), South Africa was buying averagely 68,000 barrels of oil from Tehran per day.

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