Iran General NewsIran to lodge complaints against EU non-suppliers

Iran to lodge complaints against EU non-suppliers

-

Reuters: Iran says it will make international complaints against 20 European companies for failing to supply contracted equipment for its oil refineries, Mehr news agency reported on Tuesday. DUBAI, June 5 (Reuters) – Iran says it will make international complaints against 20 European companies for failing to supply contracted equipment for its oil refineries, Mehr news agency reported on Tuesday.

The European Union banned all EU companies from supplying equipment to Iran’s oil or gas industry in 2010, while other multinationals have ceased dealing with Tehran to protect their interests in the United States.

“In the last few months, some of these foreign companies and especially some of those companies holding European licences under contract with Iran have not adhered to their contractual obligations in the development of oil refineries,” deputy oil minister Ali Reza Zeighami said.

“Nearly 40 foreign companees have not carried out their contractual obligations in the plans for oil refineries,” said Zeighami, who is also the director of the National Iranian Oil Refining and Distribution Company (NIORDC).

He said some goods and spare parts that Iran’s oil refineries need had been received from foreign companies but that others had still not supplied equipment as they had agreed.

“Some of these companies have met their obligations through intermediaries… Iran will make a complaint about the other 20 foreign companies,” Mehr quoted him as saying.

No companies were named in the report and Zeighami gave no details as to how or where Iran would make its complaints. Reuters tried to contact Iranian officials for details without success.

Inadequate refinery infrastructure and rising demand intensified Iran’s gasoline import dependency until 2007 – a vulnerability that Washington and Brussels have targeted by blocking fuel supplies and technology sales.

International energy companies that had hoped to tap the country’s vast gas reserves have pulled out over the last few years, followed by European engineering firms such as Technip, ABB, and Linde.

Iranian oil minister Rostam Qasemi said companies that had failed to meet their contractual obligations would be excluded from Iran’s oil and gas industry in future and that Iran would complain to the EU about it. (Reporting by Marcus George and Daniel Fineren; editing by Keiron Henderson)

Latest news

Iranian Regime Parliament Speaker: No Access Will Be Granted to Bombed Sites

Mohammad Bagher Ghalibaf, the speaker of the Iranian regime's Majlis (parliament) and head of the Iranian regime's negotiating team,...

Tanker Trackers: Vessel Grounded in the Strait of Hormuz Belongs to Iran’s Oil Smuggling Network

Maritime monitoring firm TankerTrackers responded to Iranian regime media claims that a vessel had "run aground" after sailing outside...

The United States and Arab Allies Sanction Five Entities and 16 Hezbollah Officials

The United States and the member states of the Terrorist Financing Targeting Center (TFTC) have imposed a new round...

Drug Crisis: Chemotherapy Costs in Iran Have Increased Tenfold

A new wave of drug price increases in Iran has catastrophically raised the cost of medical treatment. In one...

Iran’s Negative Economic Growth: From Statistical Manipulation to the Collapse of Investment

When the gap between official figures and reality becomes too wide, the economic crisis is no longer confined to...

Iraq Sets September 30 as Deadline for Disarmament of Iranian Regime-Backed Militia Groups

Iraqi government spokesperson Haider al-Aboudi announced on Monday, June 29, that the government has given Shiite armed groups backed...

Must read

Iran Exile Leader Accuses EU of Appeasing Tehran

Reuters: An exiled Iranian opposition leader accused European Union...

BNP Paribas dollar-clearing ban said to start in 2015

Bloomberg: BNP Paribas SA won a reprieve during final talks...

You might also likeRELATED
Recommended to you