Iran aims to revive Caspian crude swaps

摘要

Iran seems keen to resume imports of Caspian crude under swap arrangements, although market participants are sceptical about the viability of such deals. Iranian state-owned oil company NIOC’s trading arm, Nico, discussed a possible revival of swaps with several potential suppliers last month, according to market participants. “The Iranian side is interested in Caspian deliveries of 15,000 t/month (3,600 b/d),” one says.