Oil Exports Iran to Italy Up 84.6%
Italy’s oil imports from Iran rose by 84.6 percent in the first seven months of 2010 to reach 6.12 million tons, said the Italian industry group Unione Petrolifera (UP).
The group in a statement published on its website said that Italy imported 43.53 million tons of crude oil in the January-July period.
According to UP, Iran’s oil accounted for 15 percent of total crude imports of Italy.
The jump in Italy’s imports came as the United States and its allies are making efforts to impose restrictions on Iran’s energy imports and exports over the country’s nuclear activities.
After the UN Security Council issued a resolution imposing a fourth round of sanctions on Iran in June, the United States and the European Union followed suit, imposing their own unilateral sanctions.
On Friday, Italian Prime Minster Silvio Berlusconi doubted the success of the sanctions, saying that “a more gentle approach” may prove useful.
Although Italy has participated in the sanctions against the Islamic Republic, “I fear that sanctions will not bring success,’’ Germany’s Frankfurter Allgemeine Zeitung newspaper quoted Berlusconi as saying.
“A gentle and circumspect approach would be more helpful,’’ the Italian premier told the newspaper.
On Thursday, Ahmad Qalebani, the managing director of the National Iranian Oil Company (NIOC) said that the demand for Iranian crude oil has increased despite sanctions against the Islamic Republic.
“Sanctions have had no impact on Iran’s oil exports. Sanctions did not reduce Iran’s oil exports but increased demand for the country’s oil,” Qalebani pointed out.
Iran is the second largest oil producer of the Organization of the Petroleum Exporting Countries (OPEC).
The group in a statement published on its website said that Italy imported 43.53 million tons of crude oil in the January-July period.
According to UP, Iran’s oil accounted for 15 percent of total crude imports of Italy.
The jump in Italy’s imports came as the United States and its allies are making efforts to impose restrictions on Iran’s energy imports and exports over the country’s nuclear activities.
After the UN Security Council issued a resolution imposing a fourth round of sanctions on Iran in June, the United States and the European Union followed suit, imposing their own unilateral sanctions.
On Friday, Italian Prime Minster Silvio Berlusconi doubted the success of the sanctions, saying that “a more gentle approach” may prove useful.
Although Italy has participated in the sanctions against the Islamic Republic, “I fear that sanctions will not bring success,’’ Germany’s Frankfurter Allgemeine Zeitung newspaper quoted Berlusconi as saying.
“A gentle and circumspect approach would be more helpful,’’ the Italian premier told the newspaper.
On Thursday, Ahmad Qalebani, the managing director of the National Iranian Oil Company (NIOC) said that the demand for Iranian crude oil has increased despite sanctions against the Islamic Republic.
“Sanctions have had no impact on Iran’s oil exports. Sanctions did not reduce Iran’s oil exports but increased demand for the country’s oil,” Qalebani pointed out.
Iran is the second largest oil producer of the Organization of the Petroleum Exporting Countries (OPEC).
Source: iran-daily.com
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