South Africa to build refinery for Iran crude
South Africa plans to build an oil refinery which will use Iranian crude, Deputy Oil Minister Thembisile Majola says.
South African oil company officials will meet their Iranian counterparts in October to discuss the issue and resumption of crude imports, the Reuters news agency on Thursday quoted her as saying.
"There is a visit that has already been scheduled for them to come to South Africa in October and they will get the opportunity to speak to the oil companies," she said.
South Africa relied on Iran as the biggest supplier of oil before sanctions on Tehran in 2012 dried up exports of about 380,000 barrels per day to the black continent’s most industrialized nation and second largest crude importer.
Majola said state-owned PetroSA had agreed to help Tehran build a gas-to-liquid refinery in Mossel Bay that will use the Iranian crude.
“We are looking to build a refinery and we have already begun these kinds of discussion in terms of having a partnership," Reuters quoted her as saying.
On Wednesday, an Iranian oil official said Iran and South Africa have signed an initial document for crude oil sales, pending the lifting of sanctions on Tehran for exports to resume.
Director for international affairs of the National Iranian Oil Company (NIOC) Mohsen Qamsari said South Africa is ahead of other countries in the race to resume oil imports from Iran.
“An initial document was signed by the two sides but given that South Africa’s crude oil import terminals belong to international companies such as Shell, exports are not possible for now because of sanctions,” he said.
Foreign Minister Maite Nkoana-Mashabane has said South Africa had never agreed with sanctions against Iran and that its oil refiners had suffered from a ban on crude exports from the Islamic Republic.
She visited Tehran in July on the heels of South African Energy Minister Tina Joemat-Pettersson who traveled to the Islamic Republic the previous month to discuss oil purchases and participation in Iran’s energy projects.
Pakistan determined to complete Iran gas pipeline project
Iran discovers giant shale oil reserves in several regions
Iran renews gas export contract with Iraq: Oil Ministry
US vetoes Palestinian request for full UN membership
Iran sufficed to striking part of Israel’s military positions: FM to UN chief
IRGC: Israel’s Dimnoa nuclear reactor not among Op. True Promise’s targets
VIDEO | West Asia awakens
'Stop any further Israeli adventurism,' Iran FM tells Security Council
Google fires 28 employees for protesting military deal with Israel
Burkina Faso expels three French diplomats over ‘subversive activities’
Iran slams G7 statement, vows no iota of doubt to respond to aggression
This makes it easy to access the Press TV website
