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Repsol Inks Contract to Import 1mln/bpd of Iran’s Oil in July

Madrid - The Spanish Repsol Energy Company signed a contract with the Iranian oil ministry to purchase and import one million barrels of Iran’s crude in July.

Madrid - The Spanish Repsol Energy Company signed a contract with the Iranian oil ministry to purchase and import one million barrels of Iran’s crude in July. Earlier this month, National Iranian Oil Company’s International Affairs Director Mohsen Qamsari said that 80 percent of Iran’s deals to sell Europe crude oil have been fulfilled, adding talks are under way with major international oil companies for selling crude oil to them... continue reading

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