I'm pretty sure Iran wouldn't sign the deal if they thought they were losing munnie on it at these prices.
Iran signs oil supply deal with Greek refiner, Hellenic Petroleum https://t.co/IIVGsnnab9 @HELPE_Group
— Lloyd's List (@LloydsList) January 26, 2016
Here in Spain in the news there have been several times Iranians were looking to build a refinery for their oil.
ReplyDeleteHasn't been confirmed though, and right now there is an excess of capacity/refineries anyway which are at low load or even not working.