Royal Dutch Shell Plc  .com Rotating Header Image

Shell still lifting Iran crude oil

March 14, 2012, 12:23 p.m. EDT

By Benoit Faucon

KUWAIT CITY -(MarketWatch)- Royal Dutch Shell PLC RDS.B -1.30% and Total SA TOT -2.68% are no longer lifting Iranian oil crude in Europe due to sanctions, the country’s oil minister said Wednesday.

Speaking to reporters on the side of an energy meeting here, Rostam Ghasemi said: “Shell and Total, they aren’t taking crude our crude in Europe because they are set to comply.”

Though Total has said it had stopped buying crude from Iran, Shell has said it continued lifting crude from the Islamic Republic until long-term contracts expire in a few weeks.

SOURCE

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.