Malaysia’s Petronas to Buy Iranian Oil

By John Lee.

Malaysia’s Petronas has announced that it will purchase oil from Iran, following a break of after three years.

Company President and CEO, Datuk Wan Zulkiflee Wan Ariffin (pictured), said on Wednesday that Petronas stopped importing crude oil from Iran in 2012 but it will consider purchase of oil from the Middle Eastern country when sanctions are lifted.

According to the report from IRNA, he said his company is eager to cooperate with the National Iranian Oil Company (NIOC).

(Source: IRNA)

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