Friday, June 12, 2015

Cash for Oil: China and Iran Strike New Oil Payment Plan

Cash for Oil: China and Iran Strike New Oil Payment Plan
By Tim Daiss, Thursday, June 11, 2015 11:00 AM
BEIJING, CHINA - JUNE 8: Chinese President Hu Jintao (Center-L) attends a bilateral meeting with Iran's President Mahmoud Ahmadinejad (Center-R) at the Great Hall of the People on June 8, 2012 in Beijing, China. According to reports, China announced that it will provide a 150 million yuan (23.8 million US dollars) grant to the Afghan government during 2012. (Photo by Mark Ralston - Pool/Getty Images)
Oil and gas deals between China and Iran are set to change. Last week, several news agencies in the region, including the Iran Daily and Trend News Agency said that Iran and China have agreed that China would pay in cash for the oil and gas it buys from Iran. China is currently the biggest… Keep reading →http://breakingenergy.com/2015/06/11/cash-for-oil-china-and-iran-strike-new-oil-payment-plan/?utm_source=hs_email&utm_medium=email&utm_content=18294001&_hsenc=p2ANqtz-_vF2ziPdxSmcfuVac4akPMC67GMqSPhKdCzUZBq8mzOIAakGvwL-GXjCpYyzD0MOk9RRrH1K_OsN_71ivea8HKyQi1Tw&_hsmi=18294001
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