Middle East Economic Survey

VOL. LIV

No 46

14-Nov-2011

IRAN

NIOC Allows Private Sector To Engage In Oil Swap Deals

Mohsen Qamsari, Director of International Affairs at the National Iranian Oil Company (NIOC) told Mehr News Agency on 9 November that the company has removed all legal barriers that had previously impeded the conduct of oil swap contracts by the countrys private oil companies. The countrys entire oil swap infrastructure is ready to cooperate with Irans private sector and if...