On condition that Mongolia and China agree on transferring contracts, Iran’s oil export to the landlocked country is possible, said Iran's Petroleum Minister Bijan Namdar Zanganeh after his meeting with Mongolian FM on Thursday in Tehran.
Mongolia’s Minister of Foreign Affairs Lundeg Purevsuren went to Iran’s oil ministry to have bilateral talks with Iranian oil minister on the ways to export Iran’s oil to the landlocked country of central Asia.
At the end of the meeting Zanganeh told the media that Mongolia is willing to buy Iran’s oil but the problem of transferring the cargo is up to them to cooperate with companies of their neighboring country, China.
Their need is too small for Iran and Iran can meet their demand of 50 to 60 thousand of barrels per day, noted the Iranian oil minister.