The Annual Petroleum & Chemical Automation Technology & Equipment and Instrumentation Event
logo

Beijing International Petroleum & Chemical Automation Technology & Equipment and Instrumentation Exhibition

ufi

BEIJING,CHINA

March 26-28,2026

LOCATION :Home> News> Industry News

Secret oil shipments could help Iran cushion U.S. sanctions blow

Pubdate:2018-09-04 10:19 Source:liyanping Click:
LONDON (Bloomberg) -- Discounts, bartering and smuggling are among the tactics Iran may lean on to keep almost 800,000 bpd of its oil exports flowing after U.S. sanctions resume in November.

Iran’s Oil Minister Bijan Namdar Zanganeh alluded to this toolbox, which was used in the past, when he said Iran will find “other ways” to keep its crude in the market. The measures won’t be enough to blunt the full impact of sanctions on oil exports, which have already slumped to the lowest level since March 2016.

In the last era of oil industry sanctions, the OPEC nation disabled tracking systems on its fleet of tankers, concealing destinations and volumes of oil exports. Millions of barrels of Iranian oil were unaccounted without the trackers.

Almost 200,000 bpd of the country’s post-sanctions oil sales could be undisclosed, according to Robin Mills, CEO of consultancy Qamar Energy in Dubai. “Exports at these levels will be important in cushioning the financial blow to Iran, but will not have a major impact on the world market.”

China, Turkey and India will likely continue to buy Iranian oil after the resumption of sanctions on November 4, with China’s smaller refineries taking some of the murky, undisclosed shipments, according to Iman Nasseri, managing director of the middle east at FGE London. In total, Iran could export 800,000 bpd well into 2019, including some 20,000 bbl sent by trucks to Iraq, Afghanistan and Pakistan, he said.

History shows that Iran can keep exports going, albeit at a far lower rate, even as Japan, South Korea and most European countries shun its oil months before the resumption of sanctions in November. Many buyers won’t be able to resist steep discounts, and some may revamp a barter trade that was effective earlier this decade.

“Barter trade and special funding mechanisms are among ways that could allow payments to Iran to continue within the framework of the sanctions,” said Ehsan Khoman, head of Middle East and North African research at Mitsubishi UFJ Financial Group Inc. He said India devised agreements between 2012 and 2016 to buy Iranian oil with rupees, and then Iran used the proceeds to import goods from India.

Despite access to these tactics, there is little doubt that Iran’s energy industry and economy will be hurt by the U.S. penalties. The country’s exports to Europe have already plunged 45%, or 226,000 bpd, since May, and Total SA and Royal Dutch Shell Plc have completely stopped buying the country’s oil.


主站蜘蛛池模板: 天堂在线www| 久热中文字幕在线精品免费| heyzo在线| canopen永久| 99久久久国产精品免费蜜臀| stoya在线观看| mm1313亚洲国产精品无码试看| 三级免费黄色片| jizz国产在线观看| 99久久免费国产精精品| 91精品视频播放| 24小时日本电影免费看| 两个人看的www高清免费视频| xxxx日本黄色| 4虎永免费最新永久免费地址| 香蕉伊思人在线精品| 草莓视频秋葵视频在线观看ios| 艳妇乳肉豪妇荡乳AV| 精品福利视频一区二区三区| 福利深夜小视频秒拍微拍| 波多野结衣之cesd819| 欧美国产成人精品一区二区三区 | jizz视频护士| 99精品在线免费| 一本色道久久综合亚洲精品高清| 国产一区二区精品久久凹凸| 青草热在线精品视频99app| 美妇与子伦亲小说| 熟女性饥渴一区二区三区| 欧美成人免费全部观看天天性色| 朝鲜女人大白屁股ASS孕交| 日本一区二区三区四区公司| 巨龙肉色透明水晶丝袜校花| 国产精自产拍久久久久久| 国产成人亚洲精品播放器下载| 四虎影视精品永久免费| 亚洲欧美校园春色| 久久精品一本到99热免费| ww在线观视频免费观看w| fc2ppv在线播放| 精品在线视频免费|