Iranian private sector faces problems exporting crude oil

Oil&Gas Materials 11 March 2013 13:12 (UTC +04:00)

Azerbaijan, Baku, Mar.11/ Trend G.Mehdi/

Chairman of the Union of Iranian Exporters of oil derivatives, Hassan Khosrojerdi, has said the organisation is facing problems exporting crude oil as the government does not take the union seriously, ILNA reported.

We have requested the government provides us with 200,000 barrels of crude oil, but we have not yet received any consignment to date, he added.

On March 5, Khosrojerdi said that the Iranian private sector has stopped exporting crude oil.

Domestic banks do not support exports of crude oil by the private sector, he added.

The National Iranian Oil Company does by no means sell crude oil on credit to the private sector, he stressed.

Some managers in the NIOC put hurdles in the way of the private sector for exporting crude oil, Khosrojerdi said.

On February 16, IRNA quoted National Iranian Oil Company Managing Director Ahmad Qalebani as saying that the Iranian private sector has exported two, one million barrel consignments of crude oil in the current Iranian calendar year which began on March 20, 2012.

The NIOC received 320 requests from the domestic and foreign private companies for buying Iranian crude oil he said, adding that the private sector is facing problems such as providing tankers, insuring shipments and securing financial transactions.