Paknejad: Oil exports unaffected by cancelled US waiver
RoydadNaft – Iran’s oil exports are continuing without interruption despite the termination of a 60-day exemption tied to US sanctions, the country’s oil minister said.
Mohsen Paknejad said the Oil Ministry has spent years building mechanisms designed to neutralize US sanctions and has kept those systems intact. He said the ministry did not dismantle or alter its export strategies even while the 60-day exemption was in effect.
Addressing the exemption’s expiration, Paknejad criticized the United States of reneging on its commitments, saying Washington violated Article 10 of the agreement governing the 60-day waivers.
He said that because the ministry’s export mechanisms remain in place, Iran’s oil exports will continue at the same pace as before, adding that no problems are expected going forward.
