Shell in talks to sell Iranian jet fuel

Royal Dutch Shell has started negotiations to sell Iranian-produced jet fuel in the world market, reports Financial Tribune.

According to Mansour Riahi, Chief Executive Officer, National Iranian Oil Products Distribution Company, Shell intends to supply the jet fuel in international airports especially in the Persian Gulf states.

Currently, Iran exports jet fuel to Armenia, Afghanistan, Iraq, Pakistan, and Central Asia countries, and expects to raise fuel production capacity by 370,000 liters a day.

Shell is also considering to put up a gas-to-liquids plant in Iran.