Tasnim Emirates National Oil Company (ENOC) has paid its outstanding oil dues to Iran, a report said. Iran received more than $4bn from ENOC as part of the UAE retailer's settlement of its debts owed to Iran for pre-sanction oil and gas purchases, the Qatar-based Al Jazeera broadcaster reported on Tuesday. The report added that Iran's Supreme ...

Press TV - Key Italian oil refiner Saras says it has cleared all the debt it owed Iran for oil purchased before sanctions were imposed against the country in 2012. Saras General Manager Dario Scaffardi was quoted by Reuters as saying that the debt which amounted to 400 million had been cleared in the first quarter of this year. The company ...

Reuters- Nov 7 Italian oil refiner Saras has paid 160 million euros ($177 million) of the debt it owes Iran for crude oil bought before sanctions were imposed and its chief financial officer said the total debt to Tehran will be cleared next year. Analysts have estimated the company's Iranian debt at about 350 million euros and the company said ...

TEHRAN, Nov. 01 (MNA) An official announced that the UAE, Britains Shell and India have respectively paid off five, two and six billion dollars of their debts to Iran. Managing Director of Kish Free Zone Organization Ali Asghar Mounesan also noted that a total of four thousand Lines of Credit (LCs) have been opened for Iran since the Joint Comprehensive ...

  TEHRAN, Oct 09 (Shana) -- Iranian Minister of Economy and Financial Affairs Ali Tayyebnia stressed continuation of the payment of Iran's oil money by India. Speaking in a meeting with his Indian counterpart Arun Jaitley, on the sidelines of the 2016 Annual Meetings of the Boards of Governors of the IMF and the World Bank Group was held ...

TEHRAN (Tasnim) Indian Oil Corp (IOC), the country's biggest oil firm, has settled $510 million of its outstanding oil dues to Iran, a senior official with the corporation said. IOC Director Sanjiv Singh said the company has paid $510 million out of the total outstanding of $621 million due to Iran in past oil dues, Press Trust of India reported ...

  TEHRAN, Feb. 09 (Shana) -- Iran says foreign firms which own the country its oil money are ready to settle their debts, probably in euros. Iranian Minister of Petroleum Bijan Zangeneh told a Tuesday press conference that Greece's Hellenic Petroleum, Italy's Saras and Royal Dutch Shell own Iran about $4bn which will be paid back to Iran ...