IRAN

Cameli to Refine Iranian Crude in Singapore 

According to trade reports, Cameli - one of the companies which recently contracted to buy Iranian crude from NIOC on a refined product netback price basis (MEES, 10 June) - has decided to switch its projected processing location from Europe to Singapore. It is reported that Cameli's first cargo of 1.8mn barrels of Iranian Heavy, scheduled for loading at the Sirri terminal in early July, will be refined in Singapore - 1.2mn barrels...