06-11-04
Iran wants China to replace Japan as its biggest importer of oil and gas,
Iranian Oil Minister Bijan Namdar Zanganeh was reported as saying. Iran and China signed a preliminary accord under which China will buy 10 mm
tpy of LNG for 25 years in a deal worth $ 100 bn. The memorandum of
understanding also grants to Chinese oil giant Sinopec the right to exploit the
Yadavaran oil field on a buy-back basis in cooperation with a major
international oil company. The United States accuses Iran of secretly trying to develop nuclear weapons
under cover of its civilian atomic energy program and wants the UN watchdog
International Atomic Energy Agency (IAEA) to take Iran before the UN Security
Council when the IAEA meets in Vienna end of this month.
Source: Agence France PresseIran wants China to replace Japan as top oil importer
"Japan is our number one energy importer due to historical reasons... but
we would like to give preference to exports to China," Zanganeh was quoted
as saying. "From the supply side, we have no difficulties (in making China
the top energy oil importer from Iran)," the minister added.
Chinese Foreign Minister Li Zhaoxing said in Tehran that Beijing opposed US
efforts to refer Iran to the United Nations’ Security Council over its nuclear
programme.
"It would only make the issue more complicated and difficult to work
out," Li said.