Vahidollah Bayati, spokesperson for the Internal Affairs Commission and representative of Tafresh, Ashhtian, and Farahan in the Islamic Consultative Assembly, announced the news of the designed question for the Minister of Oil regarding the status of Iran's oil contracts with China, stating that within the framework of the 25-year strategic cooperation program between Iran and China, a contract for the sale of oil was concluded between the National Iranian Oil Company and seven Chinese refineries.
Details of the Oil Sale Contracts
The duration of these contracts was two years, and their aim was to create a reliable and guaranteed market for the sale of Iranian oil in the Chinese market. According to these contracts, Iranian oil was to be sold to seven Chinese refineries, which could help meet the energy needs of these refineries and, on the other hand, lead to an increase in Iran's oil revenues.
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Bayati pointed out that the contract concluded between the National Iranian Oil Company and the seven Chinese refineries was canceled by the Ministry of Oil after six months, adding: "The Minister of Oil, as the person responsible for the country's oil sales, must explain the reason or reasons for the cancellation of this strategic contract, and the purpose of questioning him in Parliament is to clarify this matter."
Consequences of the Contract Cancellation
The spokesperson for the Internal Affairs Commission also emphasized the importance of determining the authority responsible for compensating the damages caused by the cancellation of this contract, stating: "The cancellation of such a contract can impact the relations and interactions between Iran and China." He stressed that the relationship between the Islamic Republic of Iran and China is of special importance in the current situation and after the imposed war, and it should not be allowed for such issues and the preferences of responsible individuals to disrupt the 25-year cooperation program.
Bayati also acknowledged that this question to the Minister of Oil could help clarify various aspects of this contract cancellation and its impacts on the oil market and Iran's international relations, and it is expected that the Minister of Oil will provide clear answers to these questions.
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