{"id":14126,"date":"2012-08-31T15:31:11","date_gmt":"2012-08-31T13:31:11","guid":{"rendered":"http:\/\/www.myza.co.za\/08\/update-1-s-africa-cuts-all-iran-crude-imports-in-july\/"},"modified":"2012-08-31T15:31:11","modified_gmt":"2012-08-31T13:31:11","slug":"update-1-s-africa-cuts-all-iran-crude-imports-in-july","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-s-africa-cuts-all-iran-crude-imports-in-july\/","title":{"rendered":"UPDATE 1-S.Africa cuts all Iran crude imports in July"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Adds details, background)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG<\/span> Aug 31 (Reuters) &#8211; South Africa imported no<br \/>\ncrude oil from Iran in July, customs data showed on Friday, a<br \/>\nsign Pretoria is avoiding Iranian shipments until it can be<br \/>\ncertain to avoid European sanctions.<\/p>\n<p><span><\/span><\/p>\n<p>In May, imports from Iran stood at 285,524 tonnes, but since<br \/>\nJune, Africa&#8217;s biggest economy has replaced shipments from Iran<br \/>\nwith crude from other suppliers, especially Saudi Arabia.<\/p>\n<p><span><\/span><\/p>\n<p>South Africa used to import a quarter of its crude from Iran<br \/>\nbut has come under Western pressure to cut the shipments as part<br \/>\nof sanctions designed to halt Tehran&#8217;s suspected pursuit of<br \/>\nnuclear weapons.<\/p>\n<p><span><\/span><\/p>\n<p>Imports of crude from Saudi Arabia stood at 966,607 tonnes,<br \/>\nslightly lower than the 1.17 million tonnes recorded the<br \/>\nprevious month, with other supplies coming from Nigeria, Angola,<br \/>\nUnited Arab Emirates, Israel and France. Total imports stood at<br \/>\n2.1 million tonnes.<\/p>\n<p><span><\/span><\/p>\n<p>Even though the United States granted South Africa an<br \/>\nexemption from financial sanctions after cuts in Iranian imports<br \/>\nin recent months, Pretoria was still facing problems because of<br \/>\nsanctions from the European Union, which does not provide any<br \/>\nwaivers.<\/p>\n<p><span><\/span><\/p>\n<p>Following talks with the European Union earlier this month,<br \/>\nForeign Minister Maite Nkoana-Mashabane said South Africa would<br \/>\nsend a delegation to Europe to explain the impact possible<br \/>\nsanctions would have on fuel supplies in the country and the<br \/>\nregion and explore alternative solutions.<\/p>\n<p><span><\/span><\/p>\n<p>Energy Minister Dipuo Peters has said that South Africa was<br \/>\nalso talking to Tehran about the prospect for Iran to insure its<br \/>\ncrude oil cargoes, which can no longer be underwritten by<br \/>\nEuropean insurance firms due to sanctions.<\/p>\n<p><span><\/span><\/p>\n<p>It is to be seen whether South Africa will continue to keep<br \/>\nimports from Iran at zero. The country already cut all shipments<br \/>\nfrom that country in January this year but resumed them again<br \/>\nthe following month.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Adds details, background) JOHANNESBURG Aug 31 (Reuters) &#8211; South Africa imported no crude oil from Iran in July, customs data showed on Friday, a sign Pretoria is avoiding Iranian shipments until it can be certain to avoid European sanctions. In May, imports from Iran stood at 285,524 tonnes, but since June, Africa&#8217;s biggest economy has [&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-14126","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\/14126","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=14126"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14126\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=14126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=14126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=14126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}