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Thursday 20, June 2013
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Pakistan not buying Iranian oil: Asim Hussain
By: Reuters, Uploaded: 26th January 2012
Pakistan is not buying Iranian oil, oil minister Asim Hussain, said on Wednesday at an event in India’s capital.
Iran, one of the world’s biggest oil suppliers and a member of OPEC, has faced problems over its oil sales to major Asian buyers as international sanctions aimed at crimping its nuclear programme affect payments.
On Monday, the European Union banned imports of oil from Iran and imposed a number of other economic sanctions, joining the United States in new measures.
Iran’s Mehr news agency reported in November that the Islamic nation had halted oil exports to Pakistan after a refiner failed to obtain financing due to sanctions.
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Story first published: 26th January 2012
See also
- EU invites Gilani to int’l conference on Kashmir
- EU not to send election observers to Fata and Balochistan
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- France must solve Kurdish killings says Turkey
- Iran says oil revenues down by half: paper
- World Powers meet Iran for Nuclear talks
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- Pak-EU dialogues: Agreement on fight against terror
- Iran nuclear talks in Baghdad begin
- EU navies launch first land strike on Somali pirate assets
- Pak-EU relations based on trust and co-operation: Zardari
- Pakistan can export its entire textile products, cement to India: Baig
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- WTO approves EU duty waiver for Pakistan
- EU adds Iran’s Bank Tejarat to sanctions list
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