{"id":11505,"date":"2012-06-15T11:23:16","date_gmt":"2012-06-15T09:23:16","guid":{"rendered":"http:\/\/www.myza.co.za\/06\/update-1-s-africa-looks-to-nigeria-angola-to-replace-iran-oil\/"},"modified":"2012-06-15T11:23:16","modified_gmt":"2012-06-15T09:23:16","slug":"update-1-s-africa-looks-to-nigeria-angola-to-replace-iran-oil","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-s-africa-looks-to-nigeria-angola-to-replace-iran-oil\/","title":{"rendered":"UPDATE 1-S.Africa looks to Nigeria, Angola to replace Iran oil"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* S.Africa exempt from U.S. sanctions<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Expects &#8220;breakthrough&#8221; soon in EU sanctions talks<\/p>\n<p> (Adds details, quotes, background)<\/p>\n<p><span><\/span><\/p>\n<p>By Wendell Roelf<\/p>\n<p><span><\/span><\/p>\n<p>CAPE TOWN, June 15 (Reuters) &#8211; South Africa is looking to<br \/>\nsource oil from Angola, Nigeria and Saudi Arabia to replace<br \/>\nsupplies from Iran, which is facing sanctions over its nuclear<br \/>\nprogramme, a top energy official said on Friday.<\/p>\n<p><span><\/span><\/p>\n<p>Africa&#8217;s biggest economy used to import a quarter of its<br \/>\ncrude from Iran, but has come under Western pressure to cut the<br \/>\nshipments as part of sanctions designed to halt Tehran&#8217;s<br \/>\nsuspected pursuit of nuclear weapons.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We intend looking at other countries, specifically in<br \/>\nAfrica, mainly Angola and Nigeria,&#8221; Nelisiwe Magubane, director<br \/>\ngeneral at the energy department told journalists. &#8220;We also, of<br \/>\ncourse, are going to continue to import from Saudi Arabia.&#8221;<\/p>\n<p><span><\/span><\/p>\n<p>South Africa&#8217;s crude oil imports from Iran fell 43 percent<br \/>\nto 286,072 tonnes in April from the previous month, while<br \/>\nsupplies from Saudi Arabia nearly doubled to 671,419 tonnes. The<br \/>\nremaining 258,184 tonnes came from Nigeria.<\/p>\n<p><span><\/span><\/p>\n<p>The United States granted South Africa an exemption from<br \/>\nfinancial sanctions after the cuts in Iranian imports, Pretoria<br \/>\nmay still face problems because of sanctions from the European<br \/>\nUnion, which does not provide any waivers.<\/p>\n<p><span><\/span><\/p>\n<p>Magubane said she expected a &#8220;breakthrough&#8221; soon in talks<br \/>\nwith Brussels on the issue.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* S.Africa exempt from U.S. sanctions * Expects &#8220;breakthrough&#8221; soon in EU sanctions talks (Adds details, quotes, background) By Wendell Roelf CAPE TOWN, June 15 (Reuters) &#8211; South Africa is looking to source oil from Angola, Nigeria and Saudi Arabia to replace supplies from Iran, which is facing sanctions over its nuclear programme, a top [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-11505","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=11505"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11505\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}