Iran signs deal to supply Kenya with crude oil

Iran will supply four million metric tonnes of crude annually, as part of a range of deals signed last week, officials said on Tuesday. The agreed supply from Iran, the world’s fourth-largest oil exporter, is roughly equivalent to 80,000 barrels per day (bpd) by Reuters calculations. Iranian President Mahmoud Ahmadinejad visited East Africa’s biggest economy last week, where he and his Kenyan counterpart, Mwai Kibaki, also signed a grant and loan agreement totalling 800 million shillings ($10 million), among others.