Iran will supply crude oil to Russia

Иран начнет поставлять нефть в Россию

Iran will export oil to Russia

The supply of oil will be carried out under the program “oil in exchange for goods”.

Russia and Iran agreed on the documents for the supply of Iranian oil. This was announced by energy Minister Alexander Novak, Interfax reported.

“Between the two countries signed a Memorandum of cooperation, it involves the supply of oil and the use of funds from the supply of oil for the purchase of Russian goods and services. We are successful with our Iranian colleagues, we have agreed on all necessary documents relating to the normative regulation of these issues,” – said the Russian Minister.

According to Novak, during the month, Russia and Iran will be on the implementation of specific transactions in this matter.

Oil supplies from Iran to Russia will be implemented under the program “oil in exchange for goods”. Agreement on such transfers Moscow and Tehran signed in may. We are talking about the sale of Russia of 100 thousand barrels of oil per day.

In Iran have found new oil reserves

Recall that in March Iran delivered the first batch of oil to Belarus.