Jan 25, 2016, 6:25 PM
News Code: 81935270
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Tehran, Athens to sign energy MOU during Greek PM's Iran visit

Tehran, Jan 25, IRNA – Deputy Petroleum Minister for International and Commercial Affairs Amir-Hossein Zamani-nia said that Iran and Greece will sign an energy memorandum of understanding (MOU) during Greek Prime Minister Alexis Tsipras' next month visit to Iran.

Announcing a two-day visit of a delegation of the Iranian Petroleum Ministry's delegation to Greece, Zamani-nia said that the agenda of the delegation was to arrange for clearing the debt of the Greek oil firm Hellenic Petroleum to Iran and signing a new contract for oil sales to Greece.

Greece had always been a permanent client of Iranian oil and the refineries of that country, such as that of the Hellenic Petroleum were directly importing Iranian oil, but after the intensification of the anti-Iran international sanctions the oil sales were temporarily halted.

After the termination of the sanctions Greece again announced its decision to import Iranian oil and the details on the deal were discussed during the last week's visit of an Iranian Petroleum Ministry delegation to Athens. This will be finalized during the Greek prime minster's visit to Iran.

The Reuters had earlier reported from Athens that the largest Greek refinery, the Hellenic Petroleum, has reached agreement with the National Iranian Oil Company (NIOC) for importing Iranian oil as the first European client of the Iranian oil in post-JCPOA era.

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