Tuesday, February 21, 2012

Iran giving contradictory signals to Certain EU Members.



Iran giving contradictory signals to Certain EU Members.(JPost).Iranian Foreign Minister Ali Salehi took a conciliatory tone on Tehran's relations with Europe on Monday, a day after cutting off oil sales to two key countries, saying that Europeans and Iran need one another, Iran's Mehr News reported.
Salehi said he believes relations with Europe will soon return to their "earlier state," adding that the current deteriorated state of ties cannot continue for long."Europeans cannot be needless of us, and Iran, due to its old relations with European countries, needs Europe," he said.
On Sunday, Iran announced that it had stopped selling crude oil to British and French companies, a retaliatory measure against the latest round of European sanctions on the Islamic state's lifeblood, oil.
"Exporting crude to British and French companies has been stopped ... we will sell our oil to new customers," spokesman Alireza Nikzad was quoted as saying by the ministry of petroleum website.In a contradictory report, Iranian broadcaster PressTV quoted Iran's Deputy Oil Minister Ahmad Kalebani, as threatening to stop selling oil to additional European countries.
Kalebani reportedly said Tehran would take further measures if "EU hostilities continue," according to PressTV, which listed Spain, the Netherlands, Greece, Germany, Italy and Portugal as countries that could be targeted.China rebuked Iran on Monday for stopping oil sales to British and French companies over the weekend, calling for renewed efforts at dialogue over an escalating stand-off over Tehran's controversial nuclear program."We have consistently upheld dialogue and negotiation as the way to resolve disputes between countries, and do not approve of exerting pressure or using confrontation to resolve issues," Chinese Foreign Ministry spokesman Hong Lei said when asked about Iran's ban on oil sales to British and French firms.Hmmmmm.......Read the full story here.

Related - 'Japan to win exemption from Iran sanctions by US'.(JPost).Tokiyo - Japan is likely to win an exemption from US sanctions by reducing its imports of crude oil from Iran by at least 11 percent per year, the Yomiuri newspaper said on Tuesday.
The two countries reached an agreement at talks last week, with a formal deal expected by the end of this month, the report said, citing unnamed sources.
The United States, angry over Iran's nuclear program, wants Japan, to cut back on Iranian imports.
Japan is the third-biggest customer for Iranian oil. It needs to import more oil in the wake of the Fukushima nuclear crisis, and the country's refiners have yet to make significant cuts, awaiting the Japanese government's instructions.
The United States says it will punish financial institutions that deal with Iran's central bank, the main clearing house for oil revenues. A country can earn a waiver from the sanctions if it significantly reduces trade with Iran.
The US sanctions, which President Barack Obama signed into law in December, would penalize financial institutions for undertaking transactions with Iran's central bank, exposing the US operations of Japanese banks that deal with Iran.
As of January 2012, Iran exports 22% of its oil to China, 14% to Japan, 13% to India, 10% to South Korea, 7% to Italy, 7% to Turkey, 6% to Spain and the remainder to France, Greece ( other European countries), Taiwan, Sri Lanka, South Africa.
Hmmmm.....Turkey imports at least 175,000 barrels a day from Iran and intends to increase it's import they don't need a waiver and risk no sanctions since they're Obama's 'trusted' allies.Read the full story here.

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