Iran and Russia will go ahead with their planned oil-for-goods barter deal, Sputnik reports.
Read more HERE.
"Deliveries under the agreement will begin with grain supplies”, a spokesperson for the Iranian Trade Minister said on Wednesday.
In late November, Alexey Ulyukaev confirmed that Russia was readying its first shipments of grain and goods to Iran but has so far refused to give specifics about the date or the volumes involved, even to the Iranians themselves.
Reuters had first suggested in January that Moscow was proposing a deal worth about $20 billion, involving up to 500,000 barrels of Iranian oil per day; In September Moscow denied that any such talks were under way, but hinted at a future opportunity. Russia’s state-run United Grain Company later claimed it could provide Tehran with over 2 million tonnes of grain each year.
Read more HERE.
The Global Miller
This blog is maintained by The Global Miller staff and is supported by the magazine GFMT
which is published by Perendale Publishers Limited.
For additional daily news from milling around the world: global-milling.com
No comments:
Post a Comment