May 27, 2022

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Iran ready for promotion of oil swap: Deputy Oil Min.

With regard to developments in crude oil market, the country put promotion of transit and oil swap on agenda, Jalil Salari told IRNA on Tuesday.

And talks on the issue have been held, Salari who is also the managing director of National Iranian Oil Refining and Distribution Company added.

The official went on to say that infrastructure has been provided to transfer oil via using capacities of pipelines on land and railroad and being presence in target markets.

 About construction of refinery in Syria, the official said studies on the issue have finished; and the project will enter a new phase after a joint investment.

Also several African countries have demanded from Iran for a refinery cooperation, Salari noted adding that their demands are under review.

Today, Iran is capable of transferring its technology, the official underlined.

National Iranian Oil Refining and Distribution Company makes use of capabilities of the knowledge-based companies according to what was stressed by Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei.

The Supreme Leader named the new Iranian year as the year of “Production: Knowledge-Based and Job-Creating,” according to the Leader website.


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