Hellenic Petroleum, Greece’s biggest oil refiner, will meet top Iranian oil officials on Friday to discuss crude oil imports from Iran, a company source said on Monday, after world powers lifted sanctions against Tehran at the weekend. Hellenic Petroleum was a major buyer of Iranian crude, which accounted for about 20 percent of the company’s total annual crude oil imports before sanctions were imposed. Sanctions cut Iran’s oil exports by about 2 million barrels per day (bpd) since their pre-sanctions 2011 peak, to little more than 1 million bpd. On Monday, Iran issued an order to raise oil production by 500,000 bpd. “Since the embargo has been lifted, Hellenic Petroleum can now discuss the possibility of a deal on crude oil supplies and on settling outstanding financial issues between the two […]