Monday, August 6, 2012

Moscow-Damascus: Oil barter deal signed

"... Under the deal, Syria will export its crude oil to Russia in exchange for refined oil products, which Damascus sorely needs to keep its economy and military running.
"Russia wants to help the Syrian people," Syrian Deputy Prime Minister for Economic Affairs Qadri Jamil told reporters in Moscow on Friday.
"We will deliver our oil and receive gasoline and fuel oil. It will be a barter," he said, adding that Syria is producing about 200,000 barrels per day..."

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