Newly released data indicate
that Iran’s oil exports to India have increased 53 percent in September despite
West’s unilateral embargoes against Iranian oil and financial sectors.
According to the tanker
discharge data, Iran’s crude exports to India rose to 294,400 barrels per day
in September, Reuters reported on Thursday.
The hike in Iran’s crude sales
came after Mangalore Refinery and Petrochemicals Limited resumed purchasing
normal volumes from Tehran following a two-month gap in transactions.
At the beginning of 2012, the
United States and the European Union imposed new sanctions on Iran’s oil and
financial sectors to prevent other countries from purchasing Iranian oil and
conducting transactions with the Central Bank of Iran. The sanctions entered
into force in early summer 2012.
On October 15, the EU foreign
ministers reached an agreement on another round of sanctions against Iran.
Western sanctions have been
imposed on Iran based on the false allegation that Iran pursues military
objectives in its nuclear energy program.
Iran rejects the claim noting
that as a member of International Atomic Energy Agency and a committed
signatory to Non-Proliferation Treaty it is entitled to use nuclear energy for
peaceful purposes.
01.11.2012
ASH/SS
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