Ahmadinejad: exports of Iranian crude oil must be stopped
Azerbaijan, Baku, July 31 /Trend S.Isayev, T. Jafarov/
Exports of Iranian crude must be stopped, country's president Mahmoud Ahmadinejad said, IRNA reported.
Iranian Shahid Tondgoyan chemical plant has unveiled new blocks, in presence of country's president Mahmoud Ahmadinejad.
Speaking at the plant, Ahmadinejad noted that the countries have been abusing the use of crude oil, and therefore it must be limited.
The president said Iran should stop exporting crude oil, and instead use it for domestic refineries.
"Right now the price of oil is too much politicized, it is not based on economy," Ahmadinejad said. "If the political factor was not this important, the prices would have been higher."
He added that earlier in Iran, the U.S. companies used to control oil production, and they set their own prices, while later oil in the country has been nationalized.
Ahmadinejad said the this process of nationalization of oil is being completed.
Iran exported 2,537 bpd of crude oil in 2011. In 2010 the country exported 2,583 bpd of crude, and 2,406 bpd in 2009, according to OPEC.
In 2007 Iran's crude exports were the highest for the past 5 years, standing at 2,639 bpd.