Iran dispatches first post-sanctions oil cargo to Indonesia

February 16, 2017

TEHRAN – For the first time after the lifting of the west-imposed sanctions, an Iranian oil tanker left the country to deliver its cargo to Indonesian Cilacap Refinery, Shana reported on Wednesday.

Iranian oil delivery to Indonesia comes at a time when Tehran and Jakarta have started serious talks for expansion of joint investments.

According to the two sides’ recent negotiations the Southeast Asian nation will contribute to Iran’s upstream oil sector and Iran will invest in refining and downstream sector of Indonesian oil industry.

EF/MA

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