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The geographical conditions of the two countries facilitate the oil trade of Ankara and Tehran.
REPUBLIKA.CO.ID, ANKARA – Turkey's Minister of Energy and Natural Resources, Fatih Donmez, said on Friday that he had obtained reports that Turkey would have room to maneuver thanks to the oil sanctions imposed on Turkey. ;Iran. Turkey is one of eight countries to have made concessions to the Iranian sanctions that will come into effect Sunday, November 4, 2018.
US Secretary of State Mike Pompeo announced that eight countries, including Turkey, would obtain concessions from US oil sanctions against Iran, Donmez told reporters in the Turkish parliament. "I want to express my pleasure for this statement, and we continue to say that such sanctions can harm the peace, stability and economy of neighboring Iran, such as Turkey, and we explain this. done in detail during discussions with US officials, "he said.
He added that they also stressed the importance of oil and gas trade with neighboring countries for the security of supply of Turkey. Turkey imports almost half of its oil needs from neighboring Iran.
The country also imports Iraqi and Azerbaijani oil by pipeline. However, the geographical proximity and the stability of the transport routes facilitate the exchanges of oil between Ankara and Tehran.
"It is now understood that what we have said during this discussion has been received at some point, and I believe that this result will contribute to peace and stability in the region." The information we have shows that Turkey is one of those eight countries, but we do not accept the details, and besides, I can say that this decision is nice, "Donmez said.
In May, US President Donald Trump withdrew his country from a historic agreement reached in 2015 between the Iranian government and the P5 + 1 group of countries, the five permanent members of the Security Council. , the United States, Russia, China, Britain and Germany. He also announced that he would restore sanctions against Tehran. The sanctions were lifted under the agreement in exchange for strict restrictions on the country's nuclear program.
In August, the United States reintroduced the first train of economic sanctions against Iran, which mainly targets the country's banking sector. The second phase of US sanctions, targeting the Iranian energy sector, is expected to come into effect on November 4.
Read also US still allows 8 importers to buy Iranian oil
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