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Iran may have Chinese companies export oil to Mongolia

Iran may have Chinese companies export oil to Mongolia

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Date: 27 December 2015 09:07

Tehran, Iran, Dec. 27

By Mehdi Sepahvand – Trend:

Mongolia has requested oil from Iran and it is possible to export 50,000 to 60,000 barrels of oil to that country, Iranian Oil Minister Bijan Zanganeh said, Mehr news agency reported.

He made the remarks after talks with Mongolian officials in Tehran.

Zanganeh noted that since Mongolia has no access to sea, the only way for Iran to export oil there is to have Chinese companies do the export.

He added that if Mongolia and China agree on the business, Iran is ready to provide the oil.

The Iranian official said that Tehran also announced during the meeting that it is willing to provide human training in the field of oil to Mongolia.

Mongolian foreign minister Lundeg Purevsuren said December 23 in Tehran that Mongolia is looking for the investment of Iranians in its energy and oil sectors.

Mongolia is an exporter of oil to its neighbors, therefore the Iranian investors can invest in drilling and extraction of oil and finance in its energy industry, Purevsuren said.

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