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Nasser Soudani:

Iran finalizes bill to ban EU oil exports

Service : Politic
Tehran, Jan 28, (ICANA) – deputy chairman of the Energy Committee Nasser Soudani, says the Majlis (parliament) committee has finalized a draft bill to stop the country's oil exports to EU member states in reaction to the bloc's recent decision to ban oil imports from Iran.
Sunday, January 29, 2012 3:19:00 PM
Iran finalizes bill to ban EU oil exports

Soudani said on Saturday that the double-urgency bill for halting Iran oil exports to Europe had been finalized in four clauses.

“According to one of the main clauses, the Islamic Republic of Iran will halt all oil exports to European countries as long as they continue to ban oil imports from Iran,” he added.

The lawmaker said the bill may undergo further modifications as some Iranian parliamentarians believe that oil exports to EU should be stopped for five years.

“Another clause obliges the government to forbid imports of all goods from countries which have imposed sanctions on our country,” he added.

Soudani announced on January 25 that in reaction to EU sanctions against Iran's oil sector and central bank, Iranian lawmakers were drafting a new law to stop oil supply to European countries.

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