Iran Oil Export

EU ambassador to Russia:

Consultations underway in EU on covering Iran oil sales by INSTEX

TEHRAN, Jul. 23 (MNA) – The head of the EU diplomatic mission in Moscow, Markus Ederer has told TASS that trading of other goods including Iran oil is now under discussion among stakeholders of EU trade mechanism for legitimate trade with Iran known as the INSTEX.

Joining FATF not to harm Iranian national interests: Zarif

TEHRAN, Mar. 19 (MNA) – The Iranian Foreign Minister Mohammad Javad Zarif believes Iran’s accession to anti-money laundering global body the Financial Action Task Force (FATF) will not cause any damage to the national interests of the country.

India exempts Iran oil imports from heavy taxes: Reuters

TEHRAN, Jan. 01 (MNA) – India’s finance ministry has exempted rupee payments made to the National Iranian Oil Co (NIOC) for crude oil imports from a steep withholding tax, according to a government order reviewed by Reuters.

China resumes Iran oil imports

TEHRAN, Nov. 24 (MNA) – Asia’s largest buyer of Iranian oil is said to have resumed purchases from the Persian Gulf state following a one-month hiatus, a move that will help allay fears that US sanctions on OPEC’s third largest producer will constrain global supplies.

Italy’s Eni to weigh plans on using Iranian crudes

TEHRAN, Nov. 06 (MNA) – Italian oil major Eni will look at the Iran sanctions measures to see if it can use Iranian crudes to allow it greater flexibility in procuring supplies, an Eni spokesman said.

Replacement of Iranian oil by other producers 'a political bluff'

TEHRAN, Nov. 05 (MNA) – Deputy chairman of the Iranian Parliament's Energy Committee emphasized that the replacement of Iran's oil by other countries in the market is a ‘political bluff’, saying, technically, Saudi Arabia could not replace Iran's oil.

India placed orders with Iran for crude oil supply during Nov.

TEHRAN, Oct. 27 (MNA) – Indian public sector companies have already placed orders with Iran for crude oil supply during November, a senior government official said here on Friday.

Sri Lanka seeks waiver for Iranian oil imports

TEHRAN, Oct. 21 (MNA) – Sri Lanka, which is dependent on Iranian light crude, has sought advice from India over its strategy on purchasing oil from the country in the light of tightening US sanctions during bilateral talks.

Forbes:

Iran oil exports on the rise

TEHRAN, Oct. 12 (MNA) – Recent data released by TankerTrakers.com indicates that Iran’s oil exports are much higher than what has been announced by some oil tanker tracking centers, according to Forbes magazine.

British Petroleum chief executive:

Expect 'extreme volatility' for oil prices due to Iran sanctions

TEHRAN, Oct. 12 (MNA) – US possible sanctions against Iran's oil industry could prompt "extreme volatility" for oil prices, BP's Chief Executive Bob Dudley told CNBC.

Trump administration studies waiving Iranian oil sanctions

TEHRAN, Oct. 10 (MNA) – The Trump administration is open to allowing some countries to continue importing Iranian oil, despite hawkishness on tightening the squeeze on Tehran and any country that continues doing business with Iran, according to US officials who confirmed to the Washington Free Beacon that some nations may get a temporary pass from a cadre of new sanctions set to be imposed next month.

China rejects US request to cut Iran oil imports

TEHRAN, Aug. 03 (MNA) – The US has been unable to persuade China, the world’s top crude buyer and Iran’s No. 1 customer, to cut Iranian oil imports, according to two officials familiar with the negotiations.