Young Journalists Club | Latest news of Iran and world

News ID: 5125
Publish Date: 10:49 - 22 September 2014
Tehran, YJC. Recent statements by the Azerbaijan Ambassador to Moscow has further complicated Iran’s reverse oil swap with Russia.

For the high similarity of the Iranian oil and Russia’s Urals, the reverse swap plan has met much objection from Iranian, Russian, and even American officials in the past two years.

This was first ratified by Iranian officials. Last February First Vice President Eshaq Jahangiri said that Iran had held talks with Russia to exchange high volumes of oil for goods in return.

"Some made oppositions to the idea, but we have to say if you do not enter [deal with] Iran, other people will come to the market and leave you no place,” he had added.

After that, the Iranian Ambassador to Russia Mehdi Sanaee confirmed that Tehran and Moscow had held talks on oil-for-goods deal, stating "In exchange for Iranian oil, Russia can build the second Bushehr reactor. Besides that, Russia can export to Iran trucks, rail for rail road, or other goods as a way to pay for the Iranian oil, or to build the country small refineries.”

Six months after that, energy ministers Hamd Chitchian and Alexander Novak signed a deal between the two countries where Russia would cooperate in building power plant as well as power grid, and exporting 500 MW electricity to Iran.

Later on, Novak was to say in interview with Iran’s Mehr News Agency that the two countries had signed no barter agreement adding "Neither is there any mention of bartering oil for goods in the two countries’ joint economic MoU.”

And finally, it was around one month ago when Iran’s Ministry of Oil in reaction to some foreign news sources ann0ounced that Iran will send its oil to international markets without any intermediary.


oil ، iran ، russia ، barter ، azerbaijan ، ural
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