IRAN-SYRIA

Syria to Pay Cash at Official Prices for Iranian Contract Oil

MEES is informed that Syria will have to pay cash at official prices for the 2mn tons of Iranian Light "contract oil" which Iran agreed to supply to Syria this year under the terms of the agreement concluded between the two countries in Tehran on 29 April (MEES, 4 May) that is if Syria opts to lift the crude. Last year, which ended in March, Syria did not take delivery of any contract oil from Iran, its...