{"id":7379,"date":"2012-01-25T21:10:33","date_gmt":"2012-01-25T19:10:33","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/s-africa-assesses-scenario-of-iran-oil-import-cuts\/"},"modified":"2012-01-25T21:10:33","modified_gmt":"2012-01-25T19:10:33","slug":"s-africa-assesses-scenario-of-iran-oil-import-cuts","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-assesses-scenario-of-iran-oil-import-cuts\/","title":{"rendered":"S.Africa assesses scenario of Iran oil import cuts"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Energy dept working on &#8220;worst case scenario&#8221;<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Looking at possible alternative supplies<\/p>\n<p><span><\/span><\/p>\n<p>* Says has not received any formal U.S. request<\/p>\n<p><span><\/span><\/p>\n<p>By Olivia Kumwenda<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, Jan 25 (Reuters) &#8211; South Africa, which<br \/>\nreceives a quarter of its crude from Iran, is assessing a worst<br \/>\ncase scenario in which its oil imports from that country might<br \/>\nbe halted or cut as a result of widening international sanctions<br \/>\nagainst Tehran.<\/p>\n<p><span><\/span><\/p>\n<p>Africa&#8217;s biggest economy, which has been hit by fuel<br \/>\nshortages in the past because of strikes and refinery problems,<br \/>\nwould be hard-pressed to fill any gap quickly. Only Turkey and<br \/>\nSri Lanka rely more heavily on Iran for oil.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We have said let&#8217;s work on a worst case scenario. In other<br \/>\nwords, let&#8217;s just assume that we cannot get anything out of Iran<br \/>\nor at a reduced rate, what is going to be the impact?&#8221; Nelisiwe<br \/>\nMagubane, director general of South Africa&#8217;s department of<br \/>\nenergy, said on Wednesday.<\/p>\n<p><span><\/span><\/p>\n<p>The European Union banned imports of oil from Iran and<br \/>\nimposed a number of other economic sanctions on Monday, joining<br \/>\nthe United States in new measures.<\/p>\n<p><span><\/span><\/p>\n<p>Magubane said South Africa had not received any formal<br \/>\nrequest from the United States to halt or reduce Iranian crude<br \/>\nimports. Her comments followed a visit to South Africa last week<br \/>\nby a senior U.S. energy official.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Energy dept working on &#8220;worst case scenario&#8221; * Looking at possible alternative supplies * Says has not received any formal U.S. request By Olivia Kumwenda JOHANNESBURG, Jan 25 (Reuters) &#8211; South Africa, which receives a quarter of its crude from Iran, is assessing a worst case scenario in which its oil imports from that [&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-7379","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\/7379","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=7379"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7379\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}