29 Mar 2024
Monday 11 June 2018 - 11:16
Story Code : 308330

Iran ships 1st crude to Chile in at least 16 years

MNA An oil tanker hauling Iranian crude is making the first delivery to Chile in at least 16 years.


The Monte Toledo, a Suezmax-class tanker able to transport 1 million barrels, is due to reach the Pacific Coast port of San Vicente on July 12, according to signals from the ship. It exited the Persian Gulf earlier this month after loading at Kharg Island, Irans main export terminal.

This happens following the remarks made by USPresident Donald Trump on May 8, who saidhe would reimpose sanctions on Iran.

Chilean government data show the country hasnt imported any crude from Iran in at least 16 years. ENAP, which has a refinery at San Vicente, wasnt immediately available to comment.

When Trump re-imposed sanctions on Iran on May 8, he gave buyers of the countrys oil 180 days to reduce their purchases or be shut out of the USbanking system. Since that initial announcement, several European refiners said theyve received no indication from Washington or their own governments about what they should do next.

The European Union sent a letter to the USTreasury on June 4 asking for exemptions from sanctions.

https://theiranproject.com/vdcgw79wzak9zw4.5jra.html
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