oil swap

  • Iraq, Iran to Start Oil Swap

    Iraq, Iran to Start Oil Swap

    Wednesday, 28th March 2018

    A senior Iraqi energy official has said that oil could be sent from Kirkuk in the north of Iraq to Iran's Kermanshah refinery in the coming weeks.

  • Nigeria Saved $336m in Revoked Oil Swaps

    Nigeria Saved $336m in Revoked Oil Swaps

    Wednesday, 12th October 2016
    The Nigerian National Petroleum Corporation (NNPC) has saved the country $336.4m between April and July of 2016 by stoping the controversial contract for petroleum product import called crude oil swap.
  • Iran, Total to Resume Oil Swap with Caspian Sea

    Iran, Total to Resume Oil Swap with Caspian Sea

    Monday, 19th September 2016
    Naftiran Intergraded Company Sàrl, Swiss-based subsidiary of the National Iranian Oil Company (NIOC), and France's Total will sign oil swapping deal for around 200,000b/d.
  • Iran to Re-Launch Oil Swaps with Azerbaijan

    Iran to Re-Launch Oil Swaps with Azerbaijan

    Monday, 29th February 2016
    Iran is expected to begin implementing the oil swap agreement with Azerbaijan in March, after a gap of five years.
  • Russia to Swap Food-for-Oil, Export Missiles to Iran

    Russia to Swap Food-for-Oil, Export Missiles to Iran

    Tuesday, 14th April 2015
    Russia paved the way on Monday for missile system deliveries to Iran and started an oil-for-goods swap, signaling that Moscow may have a head-start in the race to benefit from an eventual lifting of sanctions on Tehran.
  • Bank Oil Swap Gives Goudron Go Ahead to Update Field Development Plan

    Bank Oil Swap Gives Goudron Go Ahead to Update Field Development Plan

    Wednesday, 18th March 2015
    LGO Energy has announced that its wholly owned subsidiary, Goudron E&P Limited, has now drawn an initial $11.78 million from the $25 million pre-paid oil swap facility agreement with BNP Paribas to fully fund the planned 2015 development drilling programme in the Goudron Field onshore Trinidad.