Iran to ship four million barrels of crude oil to Europe

13 Feb, 2016 6:42 pm

DUBAI – Iran will load 4 million barrels of crude oil on tankers destined for Europe in the coming 24 hours, a senior official was quoted as saying on Saturday, including 2 million barrels to be bought by France’s Total (TOTF.PA).

“In the coming 24 hours, 4 million barrels of crude oil will be loaded onto 3 tankers destined for Europe,” Rokneddin Javadi, managing director of the National Iranian Oil Company, was quoted as saying by the Shana news agency.

“Of those 4 million barrels of crude, 2 million barrels are assigned to France‘s Total, and 2 million barrels have been bought by two companies in Russia and Spain,” he added. –Reuters





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