tag oil sales

Russia Links INSTEX Inclusion to Iran Oil Sales

EghtesadOnline: Russia has said it may join a European Union payment system aimed at salvaging the Iran nuclear deal if the mechanism is expanded to include oil purchases.
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Publish Date:20/July/2019 | 10:11

Iran Energy Exchange Eases Oil Sales to Foreigners

EghtesadOnline: Foreign natural entities are allowed to place an order for crude oil offered in Iran Energy Exchange (IRENEX), a move to facilitate foreigners’ participation in Iran’s energy market.
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Publish Date:08/July/2019 | 09:04

INSTEX Worthless Without Oil Import

EghtesadOnline: The European mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), to shield the country’s trade from crippling US sanctions won’t be useful if it does not allow oil sales , Iran’s oil minister said.
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Publish Date:06/July/2019 | 24:00

Higher Exports Key to Countering Sanctions

EghtesadOnline: President Hassan Rouhani said Iran will work hard to maintain its oil sales and increase its non-oil exports to cushion the impact of harsh US sanctions.
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Publish Date:05/May/2019 | 13:19

Zarif: Oil Sales Linchpin of Europe’s SPV

EghtesadOnline: Oil trade is the cornerstone of Europe’s financial mechanism to maintain business ties with Iran and the system cannot operate without covering the sale of Iranian crude, Foreign Minister Mohammed Javad Zarif said.
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Publish Date:05/December/2018 | 13:36

Undisclosed Oil Shipments Could Help Dodge Sanctions

EghtesadOnline: Iran may resort to various ways of reducing the impact of US sanctions on its oil exports and those tactics could include secret oil shipments without trackers on tankers, bartered trades, discounts and extended credit periods on oil sales , analysts say.
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Publish Date:05/September/2018 | 11:52