Reuters logo
Russia says no oil-for-goods deal yet with Iran
May 16, 2014 / 10:49 AM / 4 years ago

Russia says no oil-for-goods deal yet with Iran

MOSCOW (Reuters) - Russian Energy Minister Alexander Novak said on Friday that talks with Iranian Oil Minister Bijan Zanganeh in Moscow on Thursday had not produced a final agreement on a potential oil-for-goods deal between the countries.

“We did not reach a final agreement,” Novak told reporters, adding that he hoped a deal could be agreed in time for an inter-governmental meeting in the autumn.

Reuters reported in April that Iran and Russia had made progress on a barter deal that could be worth up to $20 billion under which Moscow would provide Russian equipment and goods in exchange for Iranian oil.

Reporting by Katya Golubkova, Writing by Steve Gutterman, Editing by Timothy Heritage

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below