Number of Iran oil buyres will increase

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On November 16, 2015, Posted by , In News, With No Comments

After the July 14 nuclear agreement, traditional buyers of Iran’s oil have expressed willingness to resume purchasing the Iranian oil, deputy oil minister for international affairs said.

As the time of removal of sanctions is approaching, different countries from Europe, Asia and Africa have expressed readiness to import oil from Iran or increase the current level of bilateral cooperation in the field of oil Amir Hossein Zamaninia told IRNA.

Iran’s oil exports will increase after the lifting of anti-Iran sanctions, Zamaninia said adding, the Ministry of Oil is making necessary preparations for the post-sanctions era.

On July 14, Iran and the six world powers reached a comprehensive agreement on nuclear issues and put an end to over a decade of dispute over Iran’s peaceful nuclear activities.

According to the agreement, the UN Security Council’s bans on Iran and the unilateral sanctions imposed on Tehran by the US and the European Union will be removed in return for some measures taken by Iran regarding its nuclear program.

The International Atomic Energy Agency (IAEA) will announce its appraisal of Iran’s peaceful nuclear program by December 15.

It is predicted that implementation of the JCPOA will be at the end of December.

Nov 15

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