Middle East Economic Survey

VOL. LII

No 10

9-Mar-2009

IRAN

Iran And Russia Propose Sale Of Iranian Oil On St Petersburg Exchange

Iranian Minister of Petroleum Gholamhossein Nozari and Russian Minister of Energy Sergei Shmatko told reporters in Tehran on 2 March that the two countries were considering a proposal for the sale of Iranian crude oil and products on St Petersburgs Commodities Exchange. The exchange was opened by a number of oil and transport companies and large banks in September 2008,...