NewsSpecial WireIndia will become Iran's main buyer of oil in...

India will become Iran’s main buyer of oil in 2009

-

ImageIran Focus: Tehran, Iran, Oct. 10 – Iran said on Friday that India would in 2009 become its top Asian buyer of oil, ahead of China and Japan.

Iran Focus

ImageTehran, Iran, Oct. 10 – Iran said on Friday that India would in 2009 become its top Asian buyer of oil, ahead of China and Japan.

“We are negotiating with a few Indian companies to sell crude oil in 2009”, said Ali-Asghar Arshi, a senior official in the National Iranian Oil Company (NIOC).

“Currently the leading customers of Iran's crude oil in Asia are Japan, China and India but next year the top ranking will change to India, China and Japan” said Arshi who is the NIOC's Managing Director for International Affairs.

Arshi said that Tehran does not currently sell crude oil to Latin American countries, but has recently participated in bids to sell crude to Chile and Uruguay.

Iran's top European customers for crude oil are Italy, France, Belgium, Greece, and Spain, according to state media.

Latest news

Iran’s Negative Economic Growth: From Statistical Manipulation to the Collapse of Investment

When the gap between official figures and reality becomes too wide, the economic crisis is no longer confined to...

Iraq Sets September 30 as Deadline for Disarmament of Iranian Regime-Backed Militia Groups

Iraqi government spokesperson Haider al-Aboudi announced on Monday, June 29, that the government has given Shiite armed groups backed...

Escalating Iran-US Conflict Cuts Strait of Hormuz Traffic, Lifts Oil Prices

Oil Prices Rise and Ship Traffic Through the Strait of Hormuz Declines Following Tensions Between Iran and the United...

The ‘No To Executions Tuesdays’ campaign has entered its 127th week

The campaign “No to Executions Tuesdays,” a prisoner-led protest against executions held across multiple prisons in Iran, entered its...

Sixty-two Members of the Iranian Regime’s Assembly of Experts Call for Keeping the Strait of Hormuz Closed

As signs of divisions and rivalry at the highest levels of the Iranian regime have become increasingly apparent, 62...

Workers and Retirees in Iran Once Again Protest Over Living Conditions

Retirees and workers held protest gatherings and marches in several cities across Iran on Sunday, June 28, once again...

Must read

UN chief Ban to Egypt for Iraq reconstruction summit

AFP: UN Secretary General Ban Ki-moon announced Thursday that...

Iran calls for Israel’s “elimination”

Iran Focus: Tehran, Iran, Aug. 03 – Hard-line Iranian...

You might also likeRELATED
Recommended to you