AIRLINK 193.67 Increased By ▲ 0.17 (0.09%)
BOP 9.88 Increased By ▲ 0.24 (2.49%)
CNERGY 7.65 Increased By ▲ 0.12 (1.59%)
FCCL 37.61 Decreased By ▼ -0.09 (-0.24%)
FFL 15.55 Decreased By ▼ -0.05 (-0.32%)
FLYNG 25.59 No Change ▼ 0.00 (0%)
HUBC 129.50 Increased By ▲ 2.43 (1.91%)
HUMNL 13.50 No Change ▼ 0.00 (0%)
KEL 4.65 Increased By ▲ 0.07 (1.53%)
KOSM 6.24 Increased By ▲ 0.14 (2.3%)
MLCF 44.09 Increased By ▲ 0.13 (0.3%)
OGDC 205.30 Increased By ▲ 2.06 (1.01%)
PACE 6.50 Increased By ▲ 0.10 (1.56%)
PAEL 40.80 Decreased By ▼ -0.18 (-0.44%)
PIAHCLA 17.30 Decreased By ▼ -0.19 (-1.09%)
PIBTL 8.05 Increased By ▲ 0.39 (5.09%)
POWER 9.15 Increased By ▲ 0.07 (0.77%)
PPL 175.70 Increased By ▲ 1.45 (0.83%)
PRL 38.03 Decreased By ▼ -0.04 (-0.11%)
PTC 24.33 Increased By ▲ 0.26 (1.08%)
SEARL 106.94 Decreased By ▼ -0.30 (-0.28%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 38.40 Increased By ▲ 2.00 (5.49%)
SYM 19.42 Increased By ▲ 0.38 (2%)
TELE 8.55 Increased By ▲ 0.31 (3.76%)
TPLP 12.38 Increased By ▲ 0.60 (5.09%)
TRG 66.00 Increased By ▲ 1.12 (1.73%)
WAVESAPP 12.79 Increased By ▲ 1.16 (9.97%)
WTL 1.69 Increased By ▲ 0.01 (0.6%)
YOUW 3.90 Increased By ▲ 0.05 (1.3%)
BR100 11,846 Increased By 78.3 (0.67%)
BR30 35,363 Increased By 399.3 (1.14%)
KSE100 112,347 Increased By 860.1 (0.77%)
KSE30 35,224 Increased By 289.2 (0.83%)

Iran denied on Saturday that Turkey sharply increased its imports last month of Iranian crude in the face of a Western embargo, saying its exports had held constant. Around 200,000 barrels per day (bpd) of Iranian crude were discharged at Turkey's import terminals Aliaga and Tutunciflik in August, data from a shipping source and AIS Live ship tracking on Reuters showed earlier this month.
That was a four-fold increase from Ankara's imports of Iranian oil in July of 48,000 bpd, a two and a half year low. But Iran's representative to the oil exporter group Opec denied the jump on Saturday and said such reports were politically motivated. "By announcing a multi-fold jump in our exports to one country, they want to create sensitivities," Mohammad Ali Khatibi was quoted as saying by the Iranian Students' News Agency (ISNA). "Our exports have a constant flow, and statistics giving evidence of a sudden quadrupling or quartering of exports are wrong."
Western sanctions aim to curb Iran's ability to pursue its nuclear ambitions by cutting off its main revenue stream from crude oil sales. European Union sanctions also prevent the region's marine insurance sector, which dominates the industry, from insuring tankers carrying Iranian oil.

Copyright Reuters, 2012

Comments

Comments are closed.