Iran’s daily oil export to EU reaches 500,000 barrels

Oil&Gas Materials 6 May 2016 18:05

Tehran, Iran, May 6

By Emil Ilgar - Trend:

Iran's oil export to the EU has reached 500,000 barrels per day, says the National Iranian Oil Company's International Affairs Director Mohsen Qamsari.

Oil shipment is carried out using the European tankers as Iran has not enough tankers to cover the oil transportation to the EU, he told Fars news agency May 6.

Before the Western sanctions were imposed in 2012 on Iran, the EU was importing 800,000 barrels per day of the Iranian oil.

Qamsari also said that currently Iran exports its oil to France, Spain and Greece.

He added that Iran's total crude oil and condensate exports stand at 2.5 million barrels per day currently.