Aletho News


Iran cuts oil exports to British, French firms

Press TV – February 19, 2012

Iran’s Oil Ministry announced it has cut oil exports to British and French firms in line with the decision to end crude exports to six European states.

The move comes as Iranian Oil Minister Rostam Qasemi had earlier hinted at the possibility of Iran’s halting oil exports to certain European countries.

Iranian Oil Ministry Spokesman Alireza Nikzad-Rahbar said Sunday that Iran has no problem in exporting and selling crude oil to its customers.

“We have our own oil customers and replacements for these [British and French] companies have already been chosen and we will sell the crude oil to new customers instead of the British and French companies,” Nikzad-Rahbar pointed out.

European Union foreign ministers agreed to ban oil imports from Iran on January 23 and to freeze the assets of the Iranian Central Bank across the EU in a bid to pressure Iran over its nuclear program.

The sanctions will become fully effective on July 1, 2012, to give EU member states enough time to adjust to the new conditions and find alternative crude oil supplies.

Despite the widely publicized claims by the US, Israel and some of their European allies that Iran’s nuclear program may include a military aspect, Tehran insists its nuclear work is civilian in nature.

Iran argues that as a signatory to the nuclear Non-Proliferation Treaty (NPT) and a member of the International Atomic Energy Agency (IAEA), it has the right to develop and acquire nuclear technology for peaceful purposes.

The IAEA has conducted numerous inspections of Iran’s nuclear facilities but has never found any evidence indicating that Tehran’s civilian nuclear program has been diverted towards nuclear weapons production.

February 19, 2012 - Posted by | Economics, Wars for Israel | , ,


  1. British and French firm have shot their own foot.


    Comment by B.Benhamid | February 19, 2012

  2. … but that foot may back-fire … with PressTV blocked , with the 100 % controlled internal Main Media , AND without transportation , food and heat , will be very easy for the population to blame Iran .

    I can only imagine the conversation between Ahmadinejad and some of his Advisers :

    Ahmed : Any objections to the embargo ?
    Adviser : With all respect , but do we count on the average folk in UK or France to understand the situation and Storm their governments ? Or , as the folk will freeze they will start blaming us , Iran , and with the helped from their governments will unite their country against us , Iran , and therefore Facilitate an Armed response with the back-up of their population …
    Ahmed : Hmmm … so you think they are That Dumb ?!
    Adviser : ( Silent response in mind : Duh !! ) : Well , they Do eat Pesticide laden food , even their kids , and they do build nuclear reactors on known active fault lines , so … yes !
    Ahmed : OK , than how about to Publicly invite their governments to the Table with the purpose of solving the situation and return the oil supply ?
    Adviser : I like that , a lot , turning the tables and placing the Ball in the government corner .

    So now , let’s watch the News and the Iranian statement , if it will come .

    We know the questions , see the Answers at , future shocking !


    Comment by Doru | February 20, 2012

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