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Iran Remains Electricity Exporter Despite Sanctions: Report

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  • Iran Remains Electricity Exporter Despite Sanctions: Report

    IRAN REMAINS ELECTRICITY EXPORTER DESPITE SANCTIONS: REPORT

    Press TV
    Nov 6 2012
    Iran

    A specialized energy website has acknowledged the ineffectiveness
    of international sanctions against the Islamic Republic, saying Iran
    continues to remain a net exporter of electricity.

    The Oilprice.com said in an article that sanctions imposed by the
    United Nations Security Council, European Union, and the United States
    have failed to hinder Iran's electricity exports.

    "There is one sector of Iran's energy industry that is flourishing
    - electricity exports. And this trade, lucrative as it is, stymies
    Washington's efforts to squeeze Iran's economy because, in four out
    of five instances, the trade is with US allies," the website noted.

    "Iran is a net exporter of electric power and currently exports
    electricity to neighboring states including Armenia, Pakistan, Turkey,
    Iraq, and Afghanistan," the article added citing the US government's
    Energy Information Administration (EIA).

    The website stated that Iran's neighboring states have opted to
    interact with the Islamic Republic, notwithstanding Washington's
    pressures.

    "Iran's rising electrical exports to its neighbors present Washington
    policymakers hawkish on Iran with the unpleasant reality that the
    nations importing Iranian electricity are all involved to a lesser or
    greater degree with regional US military policies, whose cooperation
    could be endangered if the American administration pressured them
    too far to downgrade their energy relations with Tehran," wrote
    the Oilprice.

    The United States, Israel and some of their allies have repeatedly
    accused Iran of pursuing non-civilian objectives in its nuclear
    energy program.

    Under pressure from Washington, the United Nations Security Council has
    imposed four rounds of sanctions against the Islamic Republic. The
    Security Council's measure was followed by a series of illegal
    unilateral embargoes against Iran by the US and the European Union.

    Iran refutes the allegations and argues that as a signatory to the
    Non-Proliferation Treaty and a member of the International Atomic
    Energy Agency, it is entitled to develop and acquire nuclear technology
    for peaceful purposes.



    From: Emil Lazarian | Ararat NewsPress
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