Wednesday, 18 August 2021 (YJC)_The National Iranian Oil Company (NIOC) has raised the September official selling prices (OSPs) for crude deliveries to customers in Asia.
Iran said it has increased its sales of crude oil as well as condensate – a type of very light crude produced from gas fields – to global energy giants Shell and BP.
A senior Iranian oil official said that 12 Memoranda of Understanding (MoU) on oil fields have been so far signed with foreign companies, and 10-12 more would be signed soon.