Iran and France’s Total will make a deal for the purchase of crude oil

Iran and France’s Total will make a deal for the purchase of crude oil


CEO of Total Patrick Pouyanne said that the contract with Iran will allow us to receive 150-200 thousand barrels of crude oil per day.

PARIS, 28 Jan. Victoria Ivanova. The deal between Tehran and the French oil company Total, which on Thursday announced the Iranian delegation will relate to purchases of crude oil, told reporters CEO Patrick Pouyanne.

“It concerns the purchase of crude oil, we have planned signing of the contract, which will allow us to receive 150-200 thousand barrels of crude oil per day”, — quotes Agency France Presse words Puyang.

Earlier on Thursday, Iran’s oil Minister Bijan Namdar Zanganeh said that Iranian delegation looked forward during the day to sign an agreement with the company Total.

The delegation of Iran led by President Hassan Rouhani is the second day in Paris on an official visit. The arrival of Iranian leader of France was originally planned for 16-18 November 2015, but then was postponed due to a series of terrorist attacks that rocked the French capital on 13 November and killed over 130 people.

Iran 16 January got rid of the majority imposed on the country of sanctions — on this day, the IAEA presented a report confirming the readiness of the authorities to implement it through a long negotiation program by a significant reduction of its nuclear potential. Later the EU and the US confirmed the removal from Iran of economic and financial sanctions related to its nuclear program.

The lifting of the sanctions on Iran, in particular, re-opened for the country’s access to international banking system that will allow Tehran to buy abroad previously unavailable goods, such as airplanes, cars, industrial equipment and medications.