Share

SA would import Iran oil 'tomorrow'

Pretoria - South Africa would resume oil imports from Iran "tomorrow" if sanctions were lifted as agreed in July, a senior government official said on Wednesday.

Iran was once the biggest oil supplier to South Africa and was its second-biggest consumer of crude oil, importing some 380 000 barrels per day (bpd).

"We are definitely negotiating and looking at when to fully resume oil imports from Iran. For South Africa, if there's a process of doing that lawfully, tomorrow we will do it, if there are no obstacles to that," deputy foreign minister Nomaindiya Mfeketo told reporters via videolink from Cape Town.

"It depends on how quick those negotiations are ... so that we can sign on the dotted line."

On July 14 six world powers agreed to lift sanctions in return for Iran accepting long-term curbs on a nuclear programme that the West suspected was aimed at creating a nuclear bomb. Tehran has always denied seeking nuclear arms.

A day later the SA government said it had never agreed with sanctions against Iran and that its oil refiners had suffered from a ban on crude exports from there.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.88
+0.3%
Rand - Pound
23.82
+0.4%
Rand - Euro
20.38
+0.3%
Rand - Aus dollar
12.30
+0.3%
Rand - Yen
0.12
+0.3%
Platinum
908.05
0.0%
Palladium
1,014.94
0.0%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent Crude
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders