“Currently, only Iranian tankers are authorized to carry Iran’s crude and no other country is allowed to carry Iran’s oil,” Mohsen Qamsari said.
He said that foreign tankers are not willing to lift Iran’s crude oil due to insurance coverage problems.
Managing-Director of NITC Ali-Akbar Safaei recently said that international sanctions against NITC have not been eased in practice.
The General Court of the European Union (EU) has scrapped sanctions imposed by the 28-nation bloc on NITC for its alleged role in Iran’s nuclear energy program.
The court rejected the EU’s “claims, produced as reasons” for linking NITC’s oil and gas activities to nuclear program funding.
The court also lifted sanctions imposed on Iran’s Moallem Insurance Company (MIC) for its risk coverage of Iranian oil tankers.
The removal of sanctions would allow MIC to provide insurance coverage for the vessels operated by the Islamic Republic of Iran Shipping Lines (IRISL).
At the beginning of 2012, the US and EU imposed sanctions on Iran’s oil and financial sectors with the goal of preventing other countries from purchasing Iranian oil and conducting transactions with the Central Bank of Iran.
On October 15, 2012, the EU foreign ministers reached an agreement on another round of sanctions against Iran.
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