Iran Petroleum Minister Javad Owji

Iran's Petroleum Minister Javad Owji said that good news will be announced about the diversity of contracts for crude oil, gas condensate, and oil bartering transactions soon."

Iran PressIran News: Speaking on the sidelines of the meeting between the Iranian Oil Minister and the members of the Industries and Mines Commission of the parliament, the minister noted: "Given the markets' need for energy and using the power and capacity of the foreign policy apparatus, the sale of oil under bartering contracts is on our agenda."

He added: "Any investor who wants to invest in the downstream and upstream sectors of oil, in return for the measures taken, can receive oil and gas condensate in return."


Read More:

Lift sanctions on Iran, world's energy crisis eases

OPEC+ increases 400k bpd in oil output in Nov

21st OPEC plus meeting kicks off, as oil prices at the highest level since 2018