UP

Europe to receive Iran’s biggest oil import in 5 years

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
Europe to receive Iran’s biggest oil import in 5 years

The highest amount of Iranian crude in almost five years will be exported to Europe this month, a report said.

Axar.az reports that, according to ship-tracking and the European Union data compiled by Bloomberg, arrivals on supertankers will reach 622,581 barrels a day in January, the biggest flows for a single month since at least November 2011.

Two Iranian supertankers, Huge and Snow, are en route, bringing about 4 million barrels between them.

It shows that Iran is reclaiming its previous share in the global oil market after anti-Tehran sanctions halted all deliveries back in 2012.

The sanctions were removed after Tehran and the Group 5+1 (Russia, China, the US, Britain, France, and Germany) on July 14, 2015, finalized a lasting nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) and implemented it on January 16, 2016.

Date
2017.01.26 / 22:44
Author
Axar.az
See also

Global oil prices have been announced

Russian military losses updated on day 1498

Global oil prices have been announced

Azeri light crude reaches 128 dollars

Azeri light crude jumps to $124.24 per barrel

Global oil prices rise amid regional tensions

Azeri light crude falls to 113.7

Azerbaijan delivers 105M cubic meters of gas to Syria

Azeri light crude drops 5.57%, hits 116.05 USD

Crude plunges as global markets react to Trump

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla