Young Journalists Club | Latest news of Iran and world

26 September 2018 - 18:02
News ID: 18878
Iran » Iran
Publish Date: 16:28 - 05 February 2018
TEHRAN, February 5 - Iran rejected report by a Lebanese daily over an agreement between Tehran and Moscow to barter oil for Russian fighter aircraft.

Iran rejects reports on oil for Russian fighter jet barterTEHRAN, Young Journalists Club (YJC) - Lebanese Addiyar Daily claimed that has suggested Russia to buy 500 MiG-31 and MiG-35 fighter aircrafts in return for giving 1 million barrels of oil to Russia daily.

“I reject this report. However, we will be cooperating extensively because of our relations. We have had achievements in fighting with terrorism because of our cooperation,” said Iranian Foreign Ministry Spokesman Bahram Qassemi.

On Sunday, Iranian Oil Minister Bijan Namdar Zanganeh dismissed the Lebanese daily claims.

He added that the cooperation with Russia is merely restricted to the industry of oil and gas, Azernews said.

Back in 2014, the sides launched negotiations on plans for exporting Iran’s oil to Russia.

Under an initial agreement, Russia was expected to buy up to 500,000 b/d of oil in return for Russian equipment and commodities.

This major oil deal, estimated to be worth $1.5 billion a month, was subject to modifications. The two countries finally agreed on 100,000 b/d, largely down from the previous figure.

 

 

 

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