80% of Iran oil deals fulfilled: Official


TEHRAN, June 11 (Shana) – Mohsen Qamsari, director of international affairs at National Iranian Oil Company, says 80% of Iran’s deals to sell Europe crude oil have been fulfilled, adding talks are under way with major international oil companies for selling crude oil to them.

Speaking to Shana, the official said Royal Dutch Shell has received a spot crude cargo from Iran and talk are going on with the company and other major energy companies for selling crude oil to them.

So far, 80% of the deals between Iran and European companies for selling 600,000 to 700,000 barrels per day of crude oil to them have been fulfilled, he added.

Iran has inked deals to sell crude oil to various European companies including Italy’s Saras and Iplom, Spain’s Repsol and Greece’s Hellenic, since the country struck a landmark deal with world powers over its nuclear program in 2015.