Middle East Economic Survey

VOL. LII

No 37

14-Sep-2009

IRAN

Iran And Venezuela Sign MOUs For Gasoline Supply And Mutual Investment

During a two-day visit to Iran, Venezuelas Minister of Energy and Petroleum signed memorandums of understanding (MOUs) with Irans Minister of Petroleum Masoud Mirkazemi that could alleviate international pressure on Iranian gasoline imports while promoting energy between the two countries. Under the first MOU, Iran will import up to 20,000 b/d of gasoline from Venezuela...