Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said.
The United States granted Turkey and other countries import waivers in early November. Turkey said it was permitted to take 3 million tonnes a year (mtpy), equivalent to about 60,000 barrels per day (bbl/d), under the waiver.
Turkey used to import about 200,000 bbl/d of Iranian crude before Washington announced last year that it would pull out of the 2015 Iran nuclear deal and reimpose sanctions.
Turkey had reduced its imports from Iran in the months prior to sanctions coming into force in early November. Its imports fell to zero in November.
But in December Turkey took delivery of two tankers carrying Iranian crude, equivalent to about 54,000 bbl/d during December, according to a shipping and trading source familiar with the matter.
The Solan tanker delivered into the port of Aliaga, while the Sea Topaz I discharged at Tutunciftlik.
So far in January, Turkey is set to receive a cargo from the Iranian-owned tanker Sinopa, the sources and Refinitiv Eikon ship tracking showed.
Turkish officials and Tupras were not immediately available to comment.
Recommended Reading
Deepwater Roundup 2024: Americas
2024-04-23 - The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
E&P Highlights: April 22, 2024
2024-04-22 - Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
E&P Highlights: March 25, 2024
2024-03-25 - Here’s a roundup of the latest E&P headlines, including a FEED planned for Venus and new contract awards.
E&P Highlights: April 1, 2024
2024-04-01 - Here’s a roundup of the latest E&P headlines, including new contract awards.
Remotely Controlled Well Completion Carried Out at SNEPCo’s Bonga Field
2024-02-27 - Optime Subsea, which supplied the operation’s remotely operated controls system, says its technology reduces equipment from transportation lists and reduces operation time.