Russia rejects Iran oil ban

World News
07-12-2011 | 05:06
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Russia rejects Iran oil ban
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Russia rejects Iran oil ban

Banning Iranian oil sales would be a political move and Russia does not believe energy supplies should be used to exert pressure, Russia's energy minister said on Wednesday.      

European Energy Commissioner Guenther Oettinger said on Tuesday there was consensus among some EU countries to ban imports of Iranian oil and that Europe hoped to bring Russia on board in a global ban.      

But the world's biggest crude oil producer, which does not import any Iranian crude, is unlikely to back the plan aimed at piling pressure on Iran to drop its disputed nuclear program.      

"It is quite obvious that this decision is based on some political motivation ... In these situations we try to be as neutral as possible," Sergei Shmatko told reporters on the sidelines of the World Petroleum Congress.  

Reuters
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