Iran stops oil exports to Pakistan
Iran has stopped exporting some 12,000 barrels of oil to Pakistan due to the fact that the Karachi refinery has failed to open L/C under U.S. and EU sanctions on Iran, the Mehr news agency reported./ Pakistan Refinery Limited has a long-term contract for the import of 12,000 barrels per day light crude oil from Iran. However, due to current U.S. and European Union sanctions on Iran, the refinery is facing difficulties in opening L/C, therefore, they are not importing crude oil from Iran since November 2010, according to Daily Times./ ...
Click
To Read Full Article
