Uncategorized Black, Azov Sea Ports Key to Boosting Russian Grain Exports to Iran...

Black, Azov Sea Ports Key to Boosting Russian Grain Exports to Iran – Trade Official

Russian Economic Development Minister Alexei Ulyukaev
Russian Economic Development Minister Alexei Ulyukaev

Deliveries of grain to Iran from Russia may significantly increase with the use of ports in the Black and Azov seas, Russian trade representative in Iran Andrei Lugansky told RIA Novosti.

“This year, Russia has accumulated about 110 million tons of grain, which greatly increased the country’s wheat export capacity. Logistical and financial details pertaining to the sale of wheat to Iran are currently discussed,” Lugansky said on Wednesday.
He pointed out that logistics was the biggest issue to resolve as, unlike Caspian Sea ports, the ports in the Black Sea and the Azov Sea are fit to handle the expected volume of wheat deliveries, which may increase by the end of 2014.
Lugansky said that Russia and Iran were engaged in several projects aimed at increasing the Caspian Sea region”s grain receiving capacities, with Tehran able to process up to 30 million tons of grain annually.
In September, Andrei Gormakh, first deputy chief executive of Russian state-controlled grain trader United Grain Company, said that Russia and Iran were considering a deal for the supply of grain in exchange for oil, with the company able to supply Iran with 2.1 million tons of grain a year.
In November, Russian Economic Development Minister Alexei Ulyukaev said that Russia was preparing its first deliveries of grain and manufactured goods to Iran.
In early December, Iranian authorities confirmed to Sputnik News Agency that the country had agreed to supply oil in exchange for Russian goods, including grain.
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