JOHANNESBURG, April 2 (Reuters) – South African crude oil
imports from Iran leapt in February to $364 million from zero
the preceding month, customs data showed on Monday, dashing the
view that Pretoria has bowed to U.S. pressure to curb commercial
links with Tehran.
The Revenue Service said Africa’s biggest economy imported
417,000 tonnes of Iranian crude in February, a dramatic reversal
of a declining trend seen since October, when it imported
467,000 tonnes.
South Africa has come under Western pressure to cut Iranian
crude imports as part of sanctions designed to halt Tehran’s
suspected pursuit of nuclear weapons, although it has been
unclear how diplomatically non-aligned Pretoria is responding.
Senior energy and foreign ministry officials directly
contradicted each other last month as to the status of Iranian
imports.
However, January trade and customs data showed Iranian crude
imports at zero compared with a monthly average of $280 million
last year.
Iran has been South Africa’s biggest crude supplier,
accounting for a quarter of its oil imports.
The biggest South African buyer of Iranian crude is Engen,
majority-owned by Malaysian national oil company Petronas
. Engen has not commented, but a Petronas source told
Reuters last month Engen had stopped buying Iranian oil from
March.
Petrochemicals group Sasol, which took 12,000
barrels of Iranian oil a day, says its has already found new
suppliers but has not named them.
In January, trade figures showed a spike in imports from
Saudi Arabia, Qatar and Ecuador, suggesting they were being used
as alternative suppliers to Iran.
In February, Saudi Arabia was South Africa’s biggest
supplier, with 582,000 tonnes of crude, followed by Iran,
Nigeria, Angola an Ecuador.
($1 = 7.6745 South African rand)
(Reporting by Ed Cropley, editing by Ed Stoddard)
