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Iran stops oil exports to British, French companies


08:05, February 20, 2012

TEHRAN, Feb. 19 (Xinhua) -- Iran has stopped oil exports to British and French companies, months before the European Union's embargo on Iran's oil takes effect, Iran's oil ministry said Sunday.

Oil ministry spokesman Alireza Nikzad-Rahbar said as the oil minister had earlier announced about the probability of halting oil exports to some European Union (EU) countries, "the Oil Ministry has stopped oil sales to British and French companies."

The Islamic Republic has no problem in selling its crude oil to its customers, Nikzad-Rahbar said. "We have our own oil customers and the replacements for these (British and French) companies have already been considered and we will sell the crude oil to new customers instead of the British and French companies."

The spokesman's remarks, which did not specify the time of the sales' cut to the British and French companies, were posted on the website of Energy and Oil Information Network affiliated to the Iranian Oil Ministry.


Leave your comment2 comments

  1. Name

Hammad Sethi at 2012-02-2092.40.254.*
Continued existence of Israel is an existential threat to all peaceful nations of the world, because after Iran it will be someone else and then someone else, and the cycle of violence will never stop until Zionists and their US allies have completely conquered the whole world.
helen at 2012-02-20141.0.9.*
What is the fuss about?Iran is merely reciprocating measures taken by EU to sanction and strangle Iran. Anything short of that would reflect badly on Iran.Go Iran Go! The World of Nations are with you!

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