Condition for direct exports of crude oil to Africa

Condition for direct exports of crude oil to Africa

Condition for direct exports of crude oil to Africa, South Africa One of the customers of Iranian crude oil in the period before the oil sanctions, once again intends to resume crude oil imports from Iran with the lifting of sanctions. Daily export of 100,000 barrels of crude oil to Africa to buy shares in some of the country’s refineries to refine crude oil.

During a meeting with the South African Minister of Energy, Oil Minister Bijan Zanganeh officially announced that Iran could export 100,000 barrels of oil per day to the country, but was more inclined to buy shares of the country’s refineries in addition to crude oil exports.

Hassan Khosrow Jerdi, the former head of the Petroleum Exporters’ Union, announced in 1992 that Iran intended to buy or build six refineries in South Africa, and that formal negotiations had taken place.

Last year, during the visit of the Vice President of South Africa to Iran to explore opportunities for cooperation in the energy sector and attract investment for the construction of a refinery in Pretoria, the issue of building a refinery and buying part of the shares of South African refineries was raised again. South is studying and building an oil refinery that is set to refine Iranian crude to help supply gasoline and reduce the country’s dependence on foreign companies.

Pretoria has said it will resume oil imports from Iran the day after sanctions are lifted, but without a refinery, it will have to rely on foreign oil companies that have their own refineries in the country.

Iranian oil refining in Shell refineries

Seyed Mohsen Ghamsari, former director of international affairs at the National Iranian Oil Company, had previously said that the British company Shell was buying Iranian oil for refining at its refineries in South Africa.

The official also commented on the timing of the resumption of Iranian crude oil exports to South Africa: “In South Africa, shares of crude oil refineries are owned by international oil companies, and in fact international oil companies buy Iranian oil and refine it in Africa.” Iran should also put the purchase of refinery shares in South Africa on its agenda.

Ghamsari stressed that negotiations have been held with Shell and British Petroleum and Malaysia Petronas for the export of crude oil to South Africa. Supplies in South Africa.