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What sanctions? Russia to start trading goods for oil with Iran

Russia can supply Iran with goods worth up to $45 billion every year under this deal.

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

IZMIR (Sputnik) – Oil deliveries from Iran to Russia under the “oil in exchange for goods” program may begin within a month, Russian Energy Minister Alexander Novak said Friday.

“We are working on the last details with them, on the normative documents…it may happen within a month,”

Novak told reporters on the sidelines of the 86th Izmir International Fair in Turkey.

Novak said in early March that the volume of oil purchases in Iran within the framework of the oil-for-goods deal could reach 100,000 barrels per day for a yearly supply of some 5 million metric tons.

According to Russian trade representative in Iran, Andrei Lugansky, Russia can supply Iran with goods worth $45 billion every year under the deal.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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FlorianGeyer
FlorianGeyer
August 19, 2017

Washington will be very very cross 🙂
Israel will be deeply deeply concerned 🙂

Linda Wren
Linda Wren
Reply to  FlorianGeyer
August 19, 2017

Only the Americans think Putin is stupid. Karma is a coming lol????

Chevi
Chevi
Reply to  Linda Wren
August 20, 2017

wrong……….. yankees are indeed very fearful of Master Putin, I reckon he is No. 1 target for assassination lol………. these dudes must be really desperate by now lol……… trying to murder a KGB top officer ???? Trump is a ” piece of cake “.

Guy
Guy
August 20, 2017

While the US and allies make war , Russia makes trade deals .Now who do you think is providing real leadership .

The Death of a Nation

Russia is cleaning up the planet, removing 4,000 tons of scrap metal from the Arctic