Young Journalists Club | Latest news of Iran and world

News ID: 4136
Asia » Asia
Publish Date: 10:41 - 11 May 2014
Tehran, YJC. Official says while half the country’s oil goes to China, new contracts are being signed with a number of Asian countries.

Iran National Oil Company Director of International Affairs said "The Iranian National Oil Company has extended crude oil sale and export contracts with old refineries from India, China, South Korea, Japan, and Turkey.”

Mohsen Qamsari specifically asserted that Iran’s entire contracts with Japanese firms have been extended, Mehr News Agency reports.

He further added "The volume of Iranian oil exported to Japanese refineries will be around an average of 140 thousand barrels per day.”

"As contracts are extended, every day around 400 thousand barrels crude oil will be exported to china,” the National Oil Company’s Director of International Affairs maintained.

Prior to this, Pirouz Mousavi, CEO of Iranian Oil Terminals Company, had said in an interview that as Japanese tankers have berthed at Persian Gulf shores, Iran would be able to export more than 6 million barrels of oil per day.


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