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2018-02-27 13:35:00

U.S. SANCTIONS FOR IRAN

U.S. SANCTIONS FOR IRAN

PLATTS - The Trump administration will not certify the Iran nuclear deal, US Vice President Mike Pence said Thursday, increasing the likelihood of re-imposition of US sanctions on international sales of Iranian crude.

"The United States will no longer tolerate Iran's destabilizing activities across the region, and this country will no longer certify the disastrous Iran nuclear deal," Pence said during a speech at the Conservative Political Action Conference.

In January, President Donald Trump renewed waivers on nuclear-related sanctions for another 120 days but warned Congress and the US' European allies that they need to fix the nuclear deal or the US would withdraw from it. That set a new deadline of May 11 for the next sanctions waiver.

Joe McMonigle, an analyst with Hedgeye Capital, said Thursday that Pence's comments show that the Trump administration is "walking down the road to deny the oil sanctions waiver at the next deadline in May."

"I think the only chance to save the Iran deal now is if the EU can get some kind of side agreement on ballistic missiles but I think Iran is unlikely to be cooperative," McMonigle said.

Iran produced 3.83 million b/d of crude in January, according to the latest S&P Global Platts OPEC survey, up about 1 million b/d from just before the nuclear deal went into force in January 2016.

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Earlier:

 C.Asia
2018, February, 5, 07:40:00

IRANIAN OIL UP BY 165 TBD

SHANA - Iranian Minister of Petroleum Bijan Zangeneh says the country's petroleum output has increased by 165,000 b/d in the first 10 months of the current Iranian calendar year which began on March 21 compared to the same period last year.

 

 C.Asia
2018, February, 5, 07:35:00

ИРАН - РОССИЯ: 3 МБД

ИРНА - "Поставки нефти в Россию уже осуществляются по программе нефть в обмен на товары", сказал Зангане корреспонденту ИРНА во время пресс-конференции. "Ежемесячный объём экспорта нефти из Ирана в РФ составляет 3 млн. баррелей", пояснил министр.

 

 C.Asia
2018, January, 24, 11:45:00

IRANIAN NUCLEAR POWER - 2017

WNA - Iran produced 275 TWh gross in 2014, comprising 196 TWh from gas, 59 TWh from oil, both of which it has in abundance, 14 TWh from hydro which is less reliably available, and 4.5 TWh from nuclear power. Demand is growing about 4% per year, and Iran trades electricity with Afghanistan, Armenia, Azerbaijan, Iraq, Pakistan, Syria, Turkmenistan and Turkey. Net export is about 6 TWh/yr. Turkey and Iraq account for 90% of exports. Consumption in 2014 was about 223 TWh, per capita about 2700 kWh/yr.In mid-2015 generating capacity was 74 GWe, including 12 GWe hydro. The country plans to boost generating capacity to 122 GWe by 2022, with substantial export potential.

 

 C.Asia
2018, January, 17, 23:30:00

STABLE IRANIAN OIL

PLATTS - Trading sources from Asia, which remains the premier destination of Iranian oil, told that even if US sanctions returned, crude oil inflows from Iran would be stable.

 

 C.Asia
2018, January, 15, 09:50:00

OIL PRICES & IRAN SANCTIONS

PLATTS - On Thursday, US Secretary of State Rex Tillerson told reporters that Trump would likely announce the decision in the afternoon in Washington. If that deal unravels, 800,000 b/d of Iranian crude exports would be at risk, according to analysts.

 

 C.Asia
2018, January, 8, 19:25:00

U.S. - IRAN SANCTIONS

U.S.DT - "These sanctions target key entities involved in Iran's ballistic missile program, which the Iranian regime prioritizes over the economic well-being of the Iranian people. As the Iranian people suffer, their government and the IRGC fund foreign militants, terrorist groups, and human rights abuses," said Treasury Secretary Steven T. Mnuchin. "The United States will continue to decisively counter the Iranian regime's malign activity, including additional sanctions targeting human rights abuses. We will not hesitate to call out the regime's economic mismanagement, and diversion of significant resources to fund threatening missile systems at the expense of its citizenry."

 

 C.Asia
2018, January, 5, 23:45:00

IRANIAN OIL EXPORTS 2017: 777 MB

IRNA - Iran exported some 777 million barrels of oil to Asian and European destinations in 2017, according to a report by the country's Ministry of Petroleum.

 

 

Tags: USA, IRAN, SANCTIONS