Iran and Syria Agree on Oil Deliveries
Following a three-day visit to Tehran by a Syrian delegation headed by Prime Minister 'Abd al-Rauf al-Kasm which ended on 4 December, Iran and Syria have reached agreement on future supplies of Iranian oil to Syria.
Since 1983 Iran has been supplying Syria with 6mn tons of crude oil annually (120,000 b/d), of which 5mn tons are priced at $2.50 beneath official prices and the remainder delivered free of charge to the Syrian army. Recent...
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