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Iran’s Energy Suppliers

Iran currently relies on a handful of suppliers. However, the Islamic Republic's continuing defiance of the international community in its efforts to procure nuclear weapons has limited the number of companies willing to do business with the regime.

Several energy firms reportedly have ceased their gasoline deliveries to Iran, including BP, Trafigura, and Glencore. Reliance reportedly stopped its gasoline sales though Kuwait's Independent Petroleum Group reportedly lifted gasoline from a Reliance refinery and sold the gasoline to Iran (12/09). Petronas reportedly stopped selling gasoline to Iran though press reports are conflicting on this.

Vitol and Lukoil publicly confirmed that they are stopping their sales to Iran.

On September 30, 2010, the U.S. State Department reported that Turkish firm, Tupras notified the agency that it "had cancelled contracts to supply gasoline to Iran."

Iran's current gasoline suppliers include:

 

State-run Chinaoil reportedly sold two cargoes of gasoline to Iran for delivery by April 2010. The company is reported to be continuing it gasoline sales to Iran.

 


 

 

China's Sinopec reportedly sent 250,000 barrels to Singapore with options to discharge in the Gulf. Trade sources believe that the cargo is likely to go to Iran. Sinopec is reportedly still supplying Iran with gasoline through its subsidiary, Unipec

 


 

China's Zhuhai Zhenrong Corp. reportedly delivered gasoline to Iran throughout 2009. As of April 2011, the company has not denied selling gasoline to Iran.

 


 

In the fall of 2009, Venezuela and Iran signed several agreements to bolster their relations, among these Venezuelan oil company PDVSA pledged to supply Iran with 20,000 barrels per day of gasoline.


 

Several companies from the United Arab Emirates are reported to be supplying Iran with gasoline including Emirates National Oil Company (ENOC) and Royal Oyster Group.

 


  According to some reports, Singaporan firm Hin Leong has been selling gasoline to Iran.