Kazakhstan, Iran to resume crude oil swaps - Hassan Rouhani
16:04, 9 September 2014
ASTANA.KAZINFORM - Kazakhstan and Iran plan to restart crude oil swap operations, Iranian President Hassan Rouhani announced after the bilateral negotiations with Nursultan Nazarbayev in Astana.
"We used to do oil swap operations in the transport sector, but it has been suspended. We have discussed the possibility to resume the swap operations with President Nazarbayev today," the Iranian leader said. President Rouhani said that decisions related to the agricultural sector had been made at the top-level meeting as well.
"If all these decisions take effect, Kazakhstan and Iran will make a huge step forward in terms of sales turnover," H. Rouhani added.