Azerbaijani sources report that the Iranian private sector has exported over 20 million barrels of crude oil to international markets during the past four months, avoiding the West’s sanctions aiming the Islamic Republic’s oil sector.
“A number of new consignments will be also exported to Asian and European markets within the next few days,” said the chairman of the union of Iranian exporters of oil derivatives, Hassan Khosrojerdi.
On September 9, the private sector brought the first purchase of crude oil to foreign buyers, despite the U.S. and EU sanctions.
“An agreement has been made that allows an Iranian consortium comprising private firms to export 20 percent of its oil exports to international markets, including the EU,” Khosrojerdi said.
Mohammad-Ali Khatibi, who is Iran’s OPEC governor and the director of the National Iranian Oil Company, on September 2 said that Iran’s oil exports are normalized and are unaffected by Western restrictors.
Recall that at the beginning of 2012, the United States and the European Union set new sanctions on Iran’s oil and financial sectors intending to prevent other countries from purchasing Iranian oil and conducting transactions with the Central Bank of Iran.
