Tasnim Emirates National Oil Company (ENOC) has paid its outstanding oil dues to Iran, a report said.
Iran received more than $4bn from ENOC as part of the UAE retailer's settlement of its debts owed to Iran for pre-sanction oil and gas purchases, the Qatar-based Al Jazeera broadcaster reported on Tuesday.
The report added that Iran's Supreme ...
DUBAI, Jan 27 (Reuters) - Emirates National Oil Co (ENOC) has started importing condensate from Qatar to replace sanctioned Iranian oil and is close to finalizing deals with other producers, the Dubai government-owned company said on Sunday.
ENOC was the biggest buyer of Iranian condensate in 2012 when its imports rose to an average of 127,000 bpd,...