Thursday, April 8, 2010

Russia's LUKoil ceases gasoline supplies to Iran












Source: PressTV
http://www.presstv.ir/detail.aspx?id=122740&sectionid=351020103

Russian oil giant LUKoil has stopped shipping gasoline to Iran, following fears of US retaliation.

Previously, the company shipped between 250 and 500 thousand barrels of gasoline to Iran every month, reported Russia's RIA Novosti news agency.

Although sitting on vast oil and gas reserves, Iran's gasoline refinery output has not kept pace with the growing number of cars in the country. The country therefore imports a proportion of its required gasoline from abroad.

Recent unilateral US sanctions have focused on punishing international companies that supply gasoline to Iran.

Speaking on April 3, the head of Iran's Committee for Transportation and Fuel Management said Iran was capable of becoming self-sufficient in gasoline production during the current Iranian year (ending March 20, 2011).

"Iran's gasoline consumption stands at 62 million liters (16.38 million US gallons) per day, of which 45 million liters (11.89 million US gallons) are produced domestically," said Mohammad Rouyanian.

"In normal circumstances, we would not become self-sufficient in gasoline production this year, but, if certain conditions, such as sanctions are created, then we can increase our gasoline production to meet domestic demand and this can happen by the end of the year, and even during the first quarter of the new [Iranian] year (June 21)," he added.

Last month, LUKoil announced it was quitting a project in Iran's Anaran oil field.

No comments:

Post a Comment

Thanks for commenting on this post. Please consider sharing it on Facebook or Twitter for a wider discussion.

Russian / Ukraine War - (Mar 08th, 2024)

How the Ukraine War Changed the World - (Mar 01st, 2024)

Redacted - Egypt's betrayal of Palestine - Vanessa Beeley

CrossTalk | Magical thinking - (Feb 28th, 2024)

Hillary Clinton Interrupted & Called Out in Berlin

We don’t want war with Israel, but if they impose it on us, we are ready – Hezbollah

ICJ delivers ruling in favour of South Africa

ICJ ruling | Court stops short of ordering Gaza ceasefire, demands that Israel prevent genocide

South Africa's Closing Argument Against Israel for Genocide at the ICJ

Wider Middle East war. US, UK strike Yemen

U.S., UK Start Another Unwinnable War In Yemen

Geopolitical Storm Brewing from Palestine to Ukraine

How the US Global Order is Challenged - With Pepe Escobar (Nov 20, 2023)

Shahid Bolsen - Message to the Israeli people

Roger Waters - To Whom It May Concern: Please Stop.

US policy slowing down China's economy w/ Jeffrey Sachs

Max Blumenthal s destroys RFKJr's outrageous Israelí Propaganda

Totalitarianism, Censorship and Syria with Peter Lavelle, Vanessa Beeley & Kevork Almassian

Putin shows treaty on Ukraine’s neutrality, signed by Kiev but dumped under Western pressure

Assad's speech at the Arab League Summit - what it means for the future of the region

Assad returns to Arab League

HUGE China brokered deal, Iran & Saudi Arabia restore diplomatic ties

Nord Stream pipeline & sabotaging peace w/Jeffrey Sachs

The Tragedy of Ukraine

Historical Events that Led to the Start of the Ukraine Conflict

Your Wars Will Destroy the Planet - Roger Waters

Healthy Athletes suffer Heart Problems After Getting the Jab