Iran cuts oil to 6 EU countries

http://www.presstv.ir/detail/226807.html

Cold Winter in Europe and increase in prices is not going to be very good news for these 6 EU.

The Iranians should also tell the other EU countries they want to be paid in gold like India if they want to keep getting Iranian oil.

Japan says it will ignore the sanctions and continue to import Iran oil.

 

Russia did it ten days previously .
Some countries reported up to a 30% supply reduction .
Never saw that reported in the mainstream media , AJ .
So off you run and do some research .

 

Hit them where it hurts.

 

split them where it hurts more like

only 6 !

knock Greece into the Adriatic for last year supporting the 'Illegally Occupy Palestine Movement' otherwise known as the zionist entity

IDF should be renamed the IOPM

 

I didnt mean the entire EU, only the countries banned

 

I know but Iran is cleverly splitting them now. They chose the 6 in worst state so the others will see them collapse as a lesson to the others. Greece will sink like Titanic and others will follow to bottom of Mediterranean and Adriatic.

Saudi now has to choose which side it is on.

 

Iran denies reports on EU oil export cuts

Maybe its just a tease.

 

The cold weather has already increased the price of oil, which is predicted to add to the consequences of this European Guilt Complex misuse.

Iran covers half of Greece's oil demand.

http://www.welt.de/print/die_welt/politik/article13830588/Benzin-wird-teurer.html

 

Aw, it looks like they aren't doing this after all.

From a sanctions standpoint, it's better the more places Iran won't sell to.

Sadly, China would probalby be willing to buy whatever Iran wants to sell. However they keep renegotiating the rates down every time Iran's pool of customers shrinks, so that's at least less revenue for Iran to put into conventional and nuclear weapons.

At this point more pressure to switch to hydrogen, biofules or batteries would be a good thing. Buying oil is much more expensive for the west if not the world than it appears to be on the free market, because beyond the price for the oil, you like as not may have to spend even more fighting an army you just funded or countering the influence you just created.

Well, and the whole pollution thing.

 

lol....

Iran has to scrounge whatever business they can gather. Theyre in no position to pick and choose. Would be hilarious if SA flooded the market.

Not a likely scenario now but a weapon anti Iranian oil producing states can wield whenever necessary.

 

I wonder why you think this is actually good news, AbuSina?

Besides, EU has learned from Oil Crisises in the 1970's -- we could do fine without Iranian oil. It is not that much of news anyways over here...

Also, this entire episode reminds me of Hitler running to "parliament" to declare war on America when he heard the news the Americans were considering declaring war on Germany first.

 

Who is this "them". And who are the "others" -- since "them" inclines there are others. A sort of "we".

Also, funny how you don't see that oil is worldwide-traded -- meaning the price of oil will increase everywhere in the world. Yes, even for Muslims.

What a waste...

 

...

I know Arabs have difficulty understanding the concept of "solidarity" since it is basically non-excistent in your world. Don't even try to deny it, because we talked about this before, AbuSina...

Arab Solidarity is non-excisting -- same can't be said at all about European solidarity.

Fail, AbuSina. Humengous fail... sad to see your post have fallen in quality lately.

 

Oh poor little eurosupremacist, got his little knickers in a twist.

 

"Iran stops oil sales to British, French companies

TEHRAN | Sun Feb 19, 2012 8:40am EST

TEHRAN (Reuters) - Iran has stopped selling crude to British and French companies, the oil ministry said on Sunday, in a retaliatory measure against fresh EU sanctions on the Islamic state's lifeblood, oil.

"Exporting crude to British and French companies has been stopped ... we will sell our oil to new customers," spokesman Alireza Nikzad was quoted as saying by the ministry of petroleum website.

The European Union in January decided to stop importing crude from Iran from July 1 over its disputed nuclear program, which the West says is aimed at building bombs. Iran denies this.

Iran's oil minister said on February 4 that the Islamic state would cut its oil exports to "some" European countries.

The European Commission said last week that the bloc would not be short of oil if Iran stopped crude exports, as they have enough in stock to meet their needs for around 120 days.

Industry sources told Reuters on February 16 that Iran's top oil buyers in Europe were making substantial cuts in supply months in advance of European Union sanctions, reducing flows to the continent in March by more than a third - or over 300,000 barrels daily.

France's Total has already stopped buying Iran's crude, which is subject to fresh EU embargoes. Market sources said Royal Dutch Shell has scaled back sharply.

Among European nations, debt-ridden Greece is most exposed to Iranian oil disruption.

Motor Oil Hellas of Greece was thought to have cut out Iranian crude altogether and compatriot Hellenic Petroleum along with Spain's Cepsa and Repsol were curbing imports from Iran.

Iran was supplying more than 700,000 barrels per day (bpd) to the EU plus Turkey in 2011, industry sources said.

By the start of this year imports had sunk to about 650,000 bpd as some customers cut back in anticipation of an EU ban.

Saudi Arabia says it is prepared to supply extra oil either by topping up existing term contracts or by making rare spot market sales. Iran has criticized Riyadh for the offer.

Iran said the cut will have no impact on its crude sales, warning that any sanctions on its oil will raise international crude prices.

Brent crude oil prices were up $1 a barrel to $118.35 shortly after Iran's state media announced last week that Tehran had cut oil exports to six European states. The report was denied shortly afterwards by Iranian officials.

"We have our own customers ... The replacements for these companies have been considered by Iran," Nikzad said.

EU's new sanctions includes a range of extra restrictions on Iran that went well beyond U.N. sanctions agreed last month and included a ban on dealing with Iranian banks and insurance companies and steps to prevent investment in Tehran's lucrative oil and gas sector, including refining.

The mounting sanctions are aimed at putting financial pressure on the world's fifth largest crude oil exporter, which has little refining capacity and has to import about 40 percent of its gasoline needs for its domestic consumption.

(Writing by Parisa Hafezi; Editing by David Cowell)"

http://www.reuters.com/article/2012/02/19/us-iran-oil-europe-idUSTRE81I07W20120219

Hmmmmmm...........

 

Boom time for the Saudis.

Perhaps, the US should increase domestic oil production?
_

 

While Iran is cutting off its nose to spite its face...it's also worth noting that after a decade of European negotiations with Iran and their non-stop smug lecturing that everything could and should be resolved diplomatically and through appropriate international bodies...here is the clear tangible result of their negotiating 'successes' - a spit in their face...not the first one and certainly not the last.

 

Iranians don't view commerce in the same way that our Western worshipers of Mammon do.

They will have stopped sales because of moral constraints without any great concern over ' lost ' income.

 

Spain, Greece and Portugal are southern European countries, and France and the Netherlands northern.
They weaken the sounthern European countries to cause the EU/euro to collapse and cause revolution, chaos and change in these countries, and that will cause a north-south split (reminds you a bit of North and South in the USA), they can e.g. cause tensions one day between northern and sounthern Europe.
France and the Netherlands is no coincidence, exactly these two countries have voted against the EU constitution (later called the Lissabon treaty, almost the same, 99 percent copied)
They cause economical/political problems in Europe and between Europe and the Middle East. If regime change in Syria and Iran does not work (via the USA and the UN) they cause a conflict between Europe and Iran or Syria, to cause a war or inavions, this way the current regime will fall and will be changed, to bring the Iranian people in mass behind the next (now pro European and US, same as Afghistan, Iraq, Libya, Egypt) regime. The last one will be Syria. Iran and Syria will be joined to the Arab League (the creation of an empire in the Middle East)
Since 9/11 they try to cause tension between the west and muslim world, because this is were it is all about, to cause the next great war (islam vs christianity) A few days after 9/11 Bush said that this was not about a struggle between the west and islam (a blut lie), because the whole time this is what they (rulers, elites) are trying to cause and stir up. No talk on how Iran could better build huge solar power stations (deserts) and drill for geothermical energy to get rid of that problem. The reason why this is not mentioned in the MSM/new medias, is because the UN, Iran and the EU are all part of creating empires in the Middle East and in Europe cause another empire as it seems now, again Germany, because this is the only country that keep doing well, most others go downhill (especially southern)
They repeat most what happened in the last century, but now the USSR is will be the Arab League in the Middle East.

 

I hadn't thought about it this way before, but even if war is sadly inevitable because they won't give up on getting nukes without war these bans might be very useful in minimizing a disruption in the west when the bombs do start to fall.

It is expected that the leadership of the country wouldn't care much even if the people were starving. The hope is that either we at least buy ourselves some time by at least slowing the weapon making process down, or that the people of Iran might decide they love their kids more than they hate others and invest their money in refining oil instead of enriched uranium.

Out of curiosity though, do you think there is any way to get Iran to stop enrichment short of bombing them?

 

Uh, you are not acceptable here ...

 

Why should we increase production. When we can just buy and soak up oil across the globe while holding on to the reserves that exist right under out feet. I don't believe you will see us drilling extensively until it becomes so expensive that we have no choice but to. Until then, we will just buy oil half way across the globe while holding on to ours here at home.

 

Oh really??

Iran sounds like a country we should all aspire to live like, can we get fliers on the subject Mr. moon??

 

Perhaps you'd care to instruct us on the Islamic view of usury.

 

It's not that black and white. Iran certainly has many faults and much room for improvement, but it is not wrong about everything and no nation is perfect (hint, hint).