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22.02.2016 17:41

SOCAR considering exporting oil products to Iran

After the lifting of international sanctions on Iran, SOCAR is considering exporting refined oil products to Tehran as well as swap operations, a SOCAR official told Reuters.

"Our delegation was in Iran recently and discussed the possibility of reviving our cooperation," he said.

He said that SOCAR planned to trade around 22 million tonnes of its own oil this year and about 11 million tonnes of non-Azeri oil worldwide, the same levels as in 2015.

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