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Iran to win back South Korea oil purchase

20 May 2015 - 13:40


TEHRAN May 20(Shana)--An Iranian diplomat has said the country will aim to be as competitive as possible to win back oil sales to South Korea if sanctions on Tehran are lifted.

"We want to increase the volume of exports," Reuters quoted Iranian ambassador to Seoul Hassan Taherian as saying.
"That is the reason that as much as possible we will do our best to be competitive, and as much as possible to have a share of market here in South Korea," Taherian said.

South Korea is Asia’s No.4 economy. It brought in 117,161 b/d of Iranian crude in the first four months of 2015, down from 135,982 b/d in the same period last year.

By SHANA


Story Code: 165231

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