Iran to provide oil, credit for gas pipeline, the news says

Bloomberg: Iran has offered to provide 80,000 barrels of crude oil per day to neighboring Pakistan on three month payment terms, The News reported, citing Pakistan’s minister for petroleum and natural resources, Asim Hussain. Bloomberg

By Haris Anwar

Iran has offered to provide 80,000 barrels of crude oil per day to neighboring Pakistan on three month payment terms, The News reported, citing Pakistan’s minister for petroleum and natural resources, Asim Hussain.

Iran has also agreed to provide $250 million in credit to the country for completing a $1.3 billion pipeline that will carry natural gas from Iran, the report said, citing Hussain.