MOSCOW, January 16. /ITAR-TASS/. Russia and Iran do not plan any discussions of a deal on swapping Iranian crude oil for Russian commodities when the two countries’ representatives meet in the framework of the World Economic Forum in Davos, Deputy Prime Minister Arkady Dvorkovich said Thursday.

He will lead the Russian delegation at the annual forum.

“As far as I know, this issue won’t be on the agenda of discussions,” Dvorkovich said.

“The information I’ve received suggests one of the leaders of Iran will attend the Davos forum and I think he will be asked all the questions,” he said.

Dvorkovich refused to give any comments on the transaction, saying he did not know anything about it.

“I saw mass media reports on it but I don’t know anything apart from what they said,” he indicated.

A number of Western media came up with the assertions last Friday saying that Moscow and Teheran were conducting talks on a swap pattern, under which Russia would get up to 500,000 barrels of Iranian crude oil a day and would supply Russian commodities to Iran in exchange.

The media rumors suggested that the transaction would amount to $ 1.5 billion a month.

In the meantime, Itar-Tass quoted the Iranian Oil Ministry in a report from Teheran on Saturday as saying no such agreement was being drafted.

Since Friday, U.S. officials have made a number of public indications that the agreement might trigger sanctions on the part of Washington once it was signed. The claimed that “it would not be consistent with the agreement negotiated between the P5-plus-1 and Iran.