Energy minister: Only UN sanctions on Iran oil binding for Turkey.

By bne IntelliNews January 13, 2012
Energy minister Taner Yildiz said that the US and EU decided to impose oil import sanctions on Iran but only a UN embargo on Iranian crude would be binding for Turkey. Yildiz furthered that the operations of refinery Tupras and its imports from Iran continue. Turkey imports around 30% of its crude oil from Iran. According to latest data from the energy market regulator EPDK, Turkey imported 2.1mn tonnes of oil in November 2011 and a 35% of the crude oil came from Iran.

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