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Πέμπτη, 25 Φεβρουαρίου 2016 10:48

Greek refinery group to purchase Iranian oil

The partially state-owned Hellenic Petroleum (EL.PE) group will proceed with its first order for Iranian crude within the coming days, a high-ranking company executive was quoted by Reuters as saying, without disclosing further details.

The partially state-owned Hellenic Petroleum (EL.PE) group will proceed with its first order for Iranian crude within the coming days, a high-ranking company executive was quoted by Reuters as saying, without disclosing further details.

The Iranian energy minister last week had announced that EL.PE would be purchasing 60,000 barrels a day, with the prospect of raising the amount to 150K a day.

EL.PE is the largest refinery group in Greece, and also fields facilities and sales networks abroad.