REUTERS
Iran is expected to try to revive demand for its oil in Turkey, its biggest European customer, this week when, according to Turkish energy ministry officials, its oil minister is to meet with Turkish officials in Ankara.
Iranian oil minister Rostam Qasemi is expected to meet Turkish Energy Minister Taner Yildiz on Thursday to discuss supplying oil and gas to one of Europe's fastest growing economies, the officials said.
Tehran has struggled to find new buyers for its barrels after U.S. and European Union sanctions succeeded in halving Iran's global oil exports in the four months from February to June.
Non-EU Turkey, which imported around 200,000 barrels a day of Iranian crude in 2011, also sharply reduced shipments earlier this year to win a waiver from U.S. sanctions that allows it to continue purchasing Iranian crude through the second half of 2012.
