Exclusive: Iran, Russia negotiating big oil-for-goods deal
Source: Reuters
(Reuters) - Iran and Russia are negotiating an oil-for-goods swap worth $1.5 billion a month that would let Iran lift oil exports substantially, undermining Western sanctions that helped persuade Tehran in November to agree a preliminary deal to curb its nuclear program.
Russian and Iranian sources close to the barter negotiations said final details were in discussion for a deal that would see Moscow buy up to 500,000 barrels a day of Iranian oil in exchange for Russian equipment and goods.
SNIP
"It depends on whether the Russians agree to implement this deal before there is a final resolution of the nuclear issues. That would obviously be a very negative signal," said Gary Samore, former nuclear non-proliferation czar for President Barack Obama and now an academic and president of pro-sanctions group United Against Nuclear Iran.
"It could very well be they just want to have this ready to go the day after a nuclear deal is completed and they would then be prepared to execute a barter arrangement."
Russia is one of the countries involved in the nuclear talks but, unlike the United States and the European Union, has not imposed sanctions on Iran.
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Read more: http://www.reuters.com/article/2014/01/10/us-iran-russia-oil-idUSBREA090DK20140110
Putin being Putin. Can't trust the man for a nanosecond.
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