Instructions for offering oil at IRENEX prepared: Oil min.

“Regarding that offering oil and condensates at IRENEX are included in this years’ regulations, explicit instructions for the issue have been prepared by the oil ministry,” Zanganeh said. “The instructions describe issues such as exact price setting methods,” he added. The minister expressed confidence that the provided instructions will allow the buyers an acceptable level of predictability and transparency via providing data about the prices, the sales and also the made purchases.