: :inin Kyiv (EET)

Russian, Iranian companies discuss barter deal terms


Russian and Iranian companies are discussing terms for a barter deal which will not include oil deliveries, Russian Energy Minister Alexander Novak said on Wednesday, trying to end confusion over the status of a long-heralded agreement.Russian officials said on Monday Russia was sending grain, equipment and construction materials to Iran in an oil-for-goods exchange, the first step in securing a foothold in a new market since the West imposed sanctions on Russia over Ukraine.But the announcement caused confusion in the oil and grain markets, with traders saying no oil deliveries and no grain supplies had been registered.Some suggested it was …read more

Source: AsiaOne

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