Iran’s Delegation to Visit Crimea for Oil Talks: Report


Iran’s Delegation to Visit Crimea for Oil Talks: Report

TEHRAN (Tasnim) – An Iranian delegation plans to visit the Eastern European Peninsula of Crimea to discuss cooperation in the supply of oil products, Russian media quoted Crimean Fuel and Energy Minister as saying.

An Iranian delegation intends to visit Crimea to discuss cooperation in the supply of oil products, Sergei Yegorov said Monday.

“They want to visit (Crimea), but they have not done so as yet. However, they’re going to visit us… I am unaware of the details (of the Iranian delegation’s visit), but it was mentioned that it would concern cooperation in the sphere of oil products supply,” the minister told RIA Novosti in an interview.

According to Yegorov, an unspecified issue with the passports of the delegation’s members delayed their visit to the peninsula.

A month ago, Crimea’s First Deputy Fuel and Energy Minister Vadim Belik told Sputnik that the Iranian delegation was due to arrive in the peninsula in early July to discuss the possible supply of Iranian oil products to the region.

Iranian Oil Minister Bijan Namdar Zanganeh announced last month that the country plans to increase oil exports after the implementation of a nuclear conclusion between Iran and the six world powers.
“After (the implementation) of the agreement, our major work would just begin,” Zanganeh said on July 15, referring to the agreement between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany), known as the Joint Comprehensive Plan of Action (JCPOA).

“The first step is to prepare for increasing (oil) exports,” he said at the time.

Meanwhile, European refineries have indicated their readiness to restart purchasing Iranian crude oil once anti-Iran sanctions are terminated.

According to Bloomberg, refiners based in Italy, Spain, and Greece have indicated that they are ready to resume purchasing crude oil from Iran when the country returns to oil markets.

Iran and the Group 5+1 concluded more than two weeks of talks over Tehran’s nuclear program in Vienna on July 14.

The negotiating parties reached a conclusion over the text of a comprehensive deal on Tehran’s nuclear program after 22 months of diplomatic negotiations, ending more than a decade of standoff over Tehran’s civilian nuclear program.

Most Visited in Economy
Top Economy stories
Top Stories