TEHRAN – Some 35,000 tons of fuel oil will be offered on the international trade hall of the Iranian Mercantile Exchange in the Persian Gulf island of Kish, Mehr news agency reported.

According to the report, proposed price of the fuel oil will be 621.35 dollar per ton and the payment would be based on Euro or Dirham accounts overseas under the supervision of National Iranian Oil Company.
Iran, having the world’s second largest gas reserves and third largest oil reserves, is trying to play a more active role in oil and petrochemical transactions in international markets. Recently Iran started offering gasoline in the Kish island oil bourse