Iran and Russia have not signed a barter agreement to exchange oil for Russian goods, says Iranian oil minister Bijan Namdar Zangeneh. It contradicts statements made by Russia’s Economic Development Minister Aleksey Ulyukayev.
The terms of oil cooperation between Russia and Iran are outlined in a memorandum of understanding signed on August 6 and a barter agreement is not part of it, says Zangeneh in an interview with the Mehr news agency.
Russian Minister of Economic Development Alexei Ulyukayev confirmed last Thursday that shipments which are part of Iran’s ‘oil-for-goods’ program can begin by the end of 2014.
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Lucas 2012 Infos 