Russian ruble could be used in oil trade deals in Iran - envoy | Top Russian news and analysis online

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15:3015/02/2008

MOSCOW, February 15 (RIA Novosti) - The Russian ruble could be used as a payment instrument for deals on an Iranian oil exchange, the Islamic Republic's ambassador to Moscow said on Friday.

"Possibly in the future, we'll be able to use the ruble, Russia's national currency, in our operations," Gholamreza Ansari said, adding that the Islamic Republic was currently busy launching a new oil trade exchange.

The Islamic Republic's oil minister, Gholam-Hossein Nozari, earlier said that Iran would launch on February 27 a commodities exchange for oil, petrochemicals and natural gas on the Persian Gulf island of Kish and that all financial settlements would be made in Iran's national currency, the rial.

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<div style="border:1px solid #d3d3d3; padding:12px 15px;"><div style="padding-bottom:10px;"><a target="_blank" href="http://en.rian.ru/" title="'RIA Novosti' newswire.Top Russian news and analysis online" style="text-decoration:none;"><img src="http://rian.ru/i/rian_logo_small_eng.png" width="121" height="15" alt="RIA Novosti" title="'RIA Novosti' newswire.Top Russian news and analysis online" style="border:0px;font-family:Verdana, Arial, Helvetica, sans-serif; font-size:20px; font-weight:bold; color:#003768;" /></a></div><div style="width:100%; overflow:hidden;"><a target="_blank" href="http://en.rian.ru/world/20080215/99314908.html"><img src="" width="120" height="83" alt="" style="border:0px;float:left;padding:0px 15px 5px 0px; font-family:Arial, Helvetica, sans-serif; font-size:14px;" /></a><a target="_blank" href="http://en.rian.ru/world/20080215/99314908.html" style="color:#000000;text-decoration:none;"><strong style="font-family:Arial, Helvetica, sans-serif; font-size:20px; font-weight:bold;">Russian ruble could be used in oil trade deals in Iran - envoy </strong></a><p style="font-family:Verdana, Arial, Helvetica, sans-serif; font-size:12px; padding-left:135px;"><span style="color:#5590bf;">15:30</span> <span style="color:#5590bf; padding-right:7px;">15/02/2008</span> <span>The Russian ruble could be used as a payment instrument for deals on an Iranian oil exchange, the Islamic Republic's ambassador to Moscow said on Friday. <a target="_blank" style="color:#d66938; padding-left:10px; text-decoration:underline;" href="http://en.rian.ru/world/20080215/99314908.html" title="Russian ruble could be used in oil trade deals in Iran - envoy ">>></a></span></p></div><div style="padding-top:6px; font-family: Verdana, Arial, Helvetica, sans-serif; font-size:12px;"><a target="_blank" style="color:#d66938; text-decoration:underline;" href="http://en.rian.ru/" title="'RIA Novosti' newswire.Top Russian news and analysis online">Other news of the day</a></div></div>

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Russian ruble could be used in oil trade deals in Iran - envoy

15:30 15/02/2008 The Russian ruble could be used as a payment instrument for deals on an Iranian oil exchange, the Islamic Republic's ambassador to Moscow said on Friday. >>

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Russian ruble could be used in oil trade deals in Iran - envoy

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