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Iran eyes new markets for oil export

Oil&Gas Materials 11 May 2022 14:44 (UTC +04:00)
Iran eyes new markets for oil export

TEHRAN, Iran, May 11. Iran has identified good markets for the export of oil and technical services and using the capacities of refineries in South American countries, said the Minister of Petroleum Javad Owji, Trend reports citing IRNA.

"We have found new customers and fresh capacities in oil export and there has been no declined in oil sales," he said responding to rumors of China reducing oil imports from Iran.

The official has also pointed out that the Iranian government will not increase the gasoline price or other essential goods.

Iranian Minister has recently visited Cuba, Venezuela, and Nicaragua to sign energy deals that would expand trade ties between Iran and the three South American countries.

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