Monday 20 June 2011

Iran imports gasoline from Asia-Pacific region

Iran is importing about 200,000 metric tons a month of gasoline, mostly from the Asia-Pacific region, amid U.S. sanctions, the International Oil Daily reported, citing unidentified shipping sources in the Persian Gulf area.

The U.S. in May charged seven companies including Petroleos de Venezuela SA for violating the Comprehensive Iran Sanctions, Accountability and Divestment Act, the industry newsletter said.

Some traders are questioning the lack of sanctions against Chinese state companies, the Oil Daily said.

Source: Bloomberg




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