Total halts petrol sales to Iran

29 June 2010

Total has stopped petrol sales to Iran, just days before the US impose new sanctions targeted at Tehran's reliance on imported petroleum, Financial Times has reported, citing oil traders. Total stopped supplying Tehran about a month ago traders said. The Islamic republic said it can become self-sufficient in petrol over the next three years but the International Energy Agency (IEA) said the target was implausible.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.