Iran’s crude output steady in Feb.

“The production for this month will be the same as the previous one, around 3.5 (million barrels per day),” Iran’s OPEC governor Mohammad Ali Khatibi told Reuters on Thursday.

Khatibi reiterated that Iran has no problems in selling its oil to a market other than the EU, adding, “We still have customers, everything is normal.”

Iran’s Oil Ministry announced on February 19 that it had cut oil sales to British and French companies in response to an embargo by the EU on Iran’s oil.

EU foreign ministers agreed to ban oil imports from Iran on January 23 and to freeze the assets of the Iranian Central Bank across the EU in a bid to pressure Iran over its nuclear program.

Despite the widely publicized claims by the US, Israel and some of their European allies that Iran’s nuclear program may include a military aspect, Tehran insists that its nuclear work is civilian in nature.

The Islamic Republic also argues that as a signatory to the nuclear Non-Proliferation Treaty (NPT) and a member of the International Atomic Energy Agency (IAEA), it has the right to develop and acquire nuclear technology for peaceful purposes.

YH/AZ/GHN

Views: 0

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes