TEHRAN: Following the easing of sanctions against Iran as a result of the Geneva nuclear deal signed in November last year, the Islamic Republic has started exporting crude oil to Sri Lanka and South Africa, the director for international affairs at the National Iranian Oil Company (NIOC) Mohsen Qamsari said.
Qamsari said that oil exports to Sri Lanka and South Africa are carried out under single-shipment contracts for the time being. However, he added, that Iran has no problem with signing long-term contracts with the two countries on oil exports.
The director for international affairs at the NIOC further said that major Asian oil refineries including those in India, China, South Korea, Japan and Turkey have renewed their oil import contracts with Iran.
Under the interim deal signed in the Swiss city of Geneva on November 24 last year, the six world powers pledged to provide Iran with some sanctions relief in exchange for the Islamic Republic agreeing to scale down certain aspects of its nuclear activities during a six-month period.
