Iran Sanctions: Japan May Halt Crude Imports from October
Japanese oil distributors plan to suspend Iranian crude imports in October before US sanctions become effective on November 4.
Japanese oil distributors plan to suspend Iranian crude imports in October before US sanctions become effective on November 4.
Greek company Hellenic Petroleum suspended purchases of Iranian crude oil in June because of the recently reimposed US sanctions, a company official announced on August 30.
India will not cut all its crude exports from Iran, a senior Indian government official told Reuters.
Reliance Industries Limited (RIL) announced that it will stop importing Iranian crude from November to comply with US sanctions on the Islamic Republic.
Turkey has rejected US pleas to curtail crude imports from Iran, telling US officials that it is under no obligation to implement Washington's sanctions regime against Tehran.
Qatar Petroleum will invest $20 billion over five years in US oil and gas fields.
Exports of gas condensate from Iran’s South Pars gas field rose by 149% in May 2018.
The European Union is updating legislation to allow European companies to avoid US sanctions when doing business with Iran.
Iran and international consortium Pergas have signed a preliminary deal for the development of an oil field in southwestern Iran.
Iran will award Farzad B gas field to domestic Iranian contractors if India withdraws from negotiations over the field’s development.