Greek refinery buys Iran's first new crude oil export

An old relationship and an old debt are part of the common history shared between Greek refinery Hellenic Petroleum and Iran's National Iranian Oil Company, which will now resume the collaboration that was discontinued by the sanctions.
Photo: Vahid Salemi/AP/POLFOTO
Photo: Vahid Salemi/AP/POLFOTO
BY CHRISTIAN BARTELS

The largest refinery in Greece, Hellenic Petroleum, has now signed off on a deal with National Iranian Oil Company and thus becomes the first European refinery to resume trade with Iran after some of the sanctions have been lifted, writes Reuters.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading