Mubasher: Iran plans to sell 300,000 barrels of crude oil a day to European customers, the Iranian oil minister Bijan Zanganeh told state-run news agency IRNA Saturday.

Iran will start implementing its contract with Total late this year, while sale of crude to Italy's Eni will begin shortly, according to the minister.

Zanganeh added that the contract signed with France's Total would commence at a rate of 160,000 barrel per day as of 16 February.