Iranian crude exports exceeded agreed limit: IEA | Iranian crude exports exceeded agreed limit: IEA -

Iranian crude exports exceeded agreed limit: IEA

: Sunday, April 13 - 2014 @ 00:34

The International Energy Agency (IEA) has said Iranian crude shipments in February were the highest since the imposition of sanctions and more than a limit agreed with Western powers in an interim nuclear deal, Bloomberg has reported. The country shipped 1.65 million barrels a day to importing countries in February, the highest level since June 2012, the IEA said. “Imports of Iranian oil are running well above 2013 levels for the third consecutive month” and could remain high in April, the Paris-based adviser to 28 nations said in its monthly oil market report. Under the interim nuclear deal agreed in November, “Iran’s exports are supposed to be held at an average one million barrels a day for the six months to end-July,” it said.

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Sunday, April 13- 2014 @ 0:34 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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