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Turkey To Continue Buying Oil From Iran

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  • Turkey To Continue Buying Oil From Iran

    TURKEY TO CONTINUE BUYING OIL FROM IRAN

    Ankara, Dec 26, IRNA -- Turkey's Energy and Natural Resources Minister
    Taner Yildiz said on Wednesday that his country would continue
    purchasing oil from Iran.

    "Under any circumstances we will continue purchasing crude oil from
    Iran like in the past," Yildiz said in an interview with reporters.

    In June, Washington exempted Turkey and six other countries from its
    sanctions against Iran's oil sector for six months in return for a
    20 percent cut in Ankara's purchase of Iranian crude oil.

    The US Senate has also approved further bans on trade with Iran's
    energy and shipping sectors. Under the new package, which has not
    yet tuned into law, exemptions stand for countries that have made
    significant cuts in their imports of Iranian crude oil.

    "There is no new demand from the US to reduce the amount of crude
    oil which we get from Iran," Yildiz said.

    Official figures show Turkey's crude oil imports from Iran dropped
    by more than 30 percent in October compared with September, pushing
    Iran to the third place among Turkey's oil suppliers, behind Russia
    and Iraq. As for natural gas, however, Iran ranks second after Russia.

    1420**1412

    Islamic Republic News Agency/IRNA NewsCode: 1034907




    From: A. Papazian
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