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Iran denies Turkey’s Iranian oil buying jump

Business Materials 15 September 2012 14:50 (UTC +04:00)
Iran’s representative to the Organization of Petroleum Exporting Countries (OPEC) has denied the news claiming that Turkey’s imports of Iranian crude oil increased to 200,000 barrels per day in August from around 50,000 bpd.
Iran denies Turkey’s Iranian oil buying jump

Azerbaijan, Baku, Sep.15/ Trend F.Milad/

Iran's representative to the Organization of Petroleum Exporting Countries (OPEC) has denied the news claiming that Turkey's imports of Iranian crude oil increased to 200,000 barrels per day in August from around 50,000 bpd.

"The data released by Reuters was not correct at all. The release of the data was politically-motivated. Its statistics on decrease or increase in oil exports are completely wrong," Mohammad-Ali Khatibi added, the ISNA news agency reported.

On September 4, Reuters reported that Turkish imports of Iranian crude oil surpassed Turkey's 2011 average of 180,000 bpd in August.

Around 200,000 bpd of Iranian crude oil were discharged at the import terminals Aliaga and Tutunciflik for Turkey's sole refiner Tupras.

Oil Minister Rostam Qasemi has said that the country's oil output is projected to increase by 1.5 million bpd by 2016.

All development plans related to joint oil and gas fields will by finalized by the end of the first half of the current Iranian calendar year (September 21), he added.

In July, Qasemi announced that new oil reserves of up to 6 billion barrels have been discovered in southwestern Iran.

The reserves are located around the Yadavaran oilfield in Khuzestan Province.
With the new oil discovery, Iran's oil reserves stand at about 160 billion barrels.

National Iranian Oil Company's managing director Ahmad Qalebani has said that the country's daily oil and gas outputs should amount to five million barrels and 1.47 billion cubic meters by 2015.

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