5 July, 2015 AsiaNews.it Twitter AsiaNews.it Facebook            

Help AsiaNews | About us | P.I.M.E. | | RssNewsletter | Mobile






mediazioni e arbitrati, risoluzione alternativa delle controversie e servizi di mediazione e arbitrato
e-mail this to a friend printable version


» 06/22/2012
IRAN - CHINA
Beijing taking advantage of Iran sanctions to boost Iranian oil imports
After a drop in the first part of the year, imports from Iran jump to 524,000 barrels a day. A new contract is signed a few days after the failure of talks between Tehran and 5+1 group on Iran's nuclear programme. New sanctions imposed by Europe and the United States are set to kick in on 1 July.

Tehran (AsiaNews/Agencies) - Beijing has settled its contract dispute with Tehran and announced that it would boost imports by 34 per cent or 524,000 barrels a day. Imports had dropped earlier this year because of late payments to Iran.

The deal comes a few days before new sanctions imposed by the United States and the European Union on Iran come into effect on 1 July, following the failure of the 5+1 talks with Tehran in Moscow last Tuesday. The 5+1 group includes the five permanent members of the UN Security Council (United States, Russia, China, Great Britain and France), plus Germany. More talks are scheduled for 3 July in Istanbul (Turkey).

"China's importing of Iranian oil is based on its own economic development needs," Foreign Ministry spokesman Hong Lei said.

China has always opposed economic sanctions against Iran. "It is even less acceptable for such unilateral sanctions to be imposed on a third country," Hong explained.

Yesterday, Japan adopted a law that enables the government to shoulder protection coverage of up to US$ 7.6 billion for each tanker transporting Iranian crude to Japan in case of accidents.

In 2004, Tokyo and Tehran had signed a basic agreement on a major oil development project in Azadegan, one of the world's largest oil fields in the world with estimated reserves of 26 billion barrels.

For months, the US has been pressuring China, Iran's top oil buyer, and other Asian nations to cut imports of Iranian crude in order to force Iran to stop its nuclear enrichment programme and abandon plans to develop nuclear weapons.

On 12 June, Washington did apply a waiver for seven countries, including India, from financial sanctions in return for significantly reducing purchases of Iranian oil.

Yesterday, Iran's Intelligence Minister Heidar Moslehi accused the United States and Israel of a cyber attack against its facilities following the Moscow meeting of 18-19 June on Iran's nuclear programme, but Iranian computer experts were apparently able to stop it.


e-mail this to a friend printable version

See also
04/11/2007 IRAN
Showing the flag at home and abroad on Nuclear Technology Day
by Darius Mirzai
12/27/2007 RUSSIA – IRAN
Tehran need not enriched nuclear fuel, Moscow will supply it
11/20/2013 IRAN - UNITED NATIONS
Despite uncertainties, talks about Iran's nuclear programme resume in Geneva
08/07/2013 IRAN
Iran's Rouhani wants talks based on "correct and realistic assessment of the situation"
07/05/2013 IRAN
For Hassan Rouhani, a strong government does not limit individual freedoms

Editor's choices
ISLAM - MIDDLE EAST
Al Azhar and Vatican against terrorism. The ambiguity of the international community
by Bernardo CervelleraThe influential Sunni university denounces " heinous" violence of the Islamic state and demands the world defeat this group “through every possible means". Vatican: terrorism is a threat to all humanity. France claims to fight terrorism, but then sells weapons, aircraft, helicopter gunships to Saudi Arabia, which supports Islamic fundamentalism. Kuwait tolerates Salafis who support the Nusra Front and the Islamic state. Turkey against the Kurds; the United States against Iran, Russia and China.
TUNISIA - ISLAM
Tunis, stop terrorism by closing fundamentalist mosquesPresident Essebsi believes unified and global strategy needed to counter terrorism. The attack in Sousse almost simultaneous with those in France, Kuwait, Somalia. Islamic State claims responsibility.
VATICAN – ITALY
Pope in Turin tells young people to be chaste in love, go against the flow and not retire at 20In his last meeting on the first day of his visit to Turin, Francis met young people in Vittorio Square. In a Question and Answer exchange, he talked about love, friendship and loss of trust towards life. "I understand you. How many hypocrites speak of peace and sell weapons. How can one trust? By following Christ, whose act of extreme love, i.e. the Cross, saved humanity." The pontiff also looked at the horrors of the 20th century as evidence of the loss of trust towards world powers. He urged young people “not to retire at 20,” but “live, don’t just exist.”

Dossier

Copyright © 2003 AsiaNews C.F. 00889190153 All rights reserved. Content on this site is made available for personal, non-commercial use only. You may not reproduce, republish, sell or otherwise distribute the content or any modified or altered versions of it without the express written permission of the editor. Photos on AsiaNews.it are largely taken from the internet and thus considered to be in the public domain. Anyone contrary to their publication need only contact the editorial office which will immediately proceed to remove the photos.