Iran General NewsVenezuela agrees to sell gasoline to Iran: paper

Venezuela agrees to sell gasoline to Iran: paper

-

Reuters: Venezuela has agreed to sell gasoline to Iran, which last week launched a delayed fuel rationing scheme, Venezuela’s energy minister said in remarks published on Tuesday. TEHRAN (Reuters) – Venezuela has agreed to sell gasoline to Iran, which last week launched a delayed fuel rationing scheme, Venezuela’s energy minister said in remarks published on Tuesday.

“Yes, the Iranians have asked to buy gasoline (from us) and we have accepted this request,” Rafael Ramirez told the Sharq newspaper in an interview.

“I can not give you more information,” he said, when asked how much fuel Iran would purchase.

The minister accompanied Venezuelan President Hugo Chavez on an official visit this week to the Islamic Republic, which despite its huge oil reserves imports 40 percent of its gasoline needs as it has a shortage of domestic refining capacity.

In a bid to rein in costly imports at a time of growing international pressure over its nuclear activities, Iran on June 27 introduced gasoline rationing in OPEC’s number two producer, which consumes 75 million liters or more a day of fuel.

International traders ship about 210,000 barrels per day or 25 cargoes of fuel a month to Iran. Imports mainly come from India, the Netherlands, France and the United Arab Emirates.

The United Nations has imposed two rounds of sanctions so far for Tehran’s failure to halt work the West says is aimed at building atomic bombs, a charge Iran dismisses saying it only wants to develop a home-grown nuclear power industry.

The United States, leading efforts to isolate Iran, has described Tehran’s gasoline imports as leverage in the row.

On Monday, Chavez and his Iranian counterpart launched construction of a joint petrochemical plant, strengthening an “axis of unity” between two oil-rich nations staunchly opposed to the United States.

Chavez and Iran’s Mahmoud Ahmadinejad, who both often rail against Washington, signed a series of other deals to expand economic cooperation, ranging from setting up a dairy factory in Venezuela to forming an oil company.

Latest news

Intense Rainfall and Floods Damage Dozens of Cities Across Iran

Heavy rainfall has again led to flooding in dozens of cities across Iran, damaging residential homes and agricultural lands....

Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN America, shows that Iran continues to be the world’s second-largest...

Iranian Proxies Still Planning Attacks on US Forces

On Thursday, May 2, Avril Haines, the director of the U.S. National Intelligence Agency, told a Senate Armed Services...

Growing Calls for the Terrorist Designation of the IRGC

On Monday, April 29, the Iranian regime’s Foreign Ministry spokesman, Nasser Kanani, in a weekly press briefing, claimed that...

Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in sales attributed to the presence of the morality police, exerting...

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1, the dire economic conditions of Iranian workers have reached a...

Must read

Opposition proves it’s still alive and kicking with day of mass protest in Iran

The Times: Six months after Iran’s disputed presidential election...

Italy willing to mediate with Iran

Reuters: Prime Minister Silvio Berlusconi says Italy is willing...

You might also likeRELATED
Recommended to you

Exit mobile version