Iran Starts Sending Crude to Europe in Bid to Regain Lost Market
Oil equivalent to 25% of pre-sanctions supply booked in Feb./ Iran resumed shipments relatively quickly, says Petromatrix/ Refiners have chartered tankers this month that will deliver about 136,000 barrels a day of Iranian crude to Europe, equivalent to almost a quarter of the Middle Eastern nation’s shipments to the region before sanctions were imposed. Spanish refiner Compania Espanola de Petroleos, France’s Total SA and Russia’s Lukoil PJSC have all provisionally booked cargoes of Iranian crude to sail from Kharg Island to European ports ...
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