Sanctions relief conducive to Iran oil sales

TEHRAN Nov 22 (Shana)–A senior Iranian official has said that the easing of sanctions against the Islamic Republic will help Iran boost its oil exports.
“In case sanctions are lifted, Iran will be able to reach a proper figure for exports in two to three months,” Mohsen Qamsari, director for international affairs of National Iranian Oil Company, said.

“Of course we cannot reach the previous figures quickly because other countries have taken Iran’s seat in the market,” he added.

He said that Iran has been in touch with European oil buyers despite tough sanctions against the country.

“Contracts with Iran’s former oil buyers continued even after sanctions. These contracts were not like before, but they still continue,” said Qamsari.

He said that Iran and its European customers are exchanging views and reviewing the market conditions.

By SHANA

 

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