Iranian President Mahmoud Ahmadinejad has ordered an oil exchange
market to be established in the shortest possible time-scale, MEHR
reports.
The oil-exchange market will be built on Kish Island. The issue was
discussed by the exchange organization and the Oil Ministry within
meetings.
The secretary of the presidium of the oil exchange market, Abbas
Yagubi, said that the market will have sales of crude oil and oil
products. It will be launched in 3 years.
