US to Fail to Find Iran’s New Ways for Selling Crude

Tehran is going to sell up to one million barrels per day (bpd) of crude in the next Iranian calendar year starting late March. Deputy Head of Plan and Budgeting Organization Hamid Pourmohammadi announced. adding that Washington will assuredly fail in identifying the new mechanisms of the Islamic Republic.

Pourmohammadi said that the government would manage to sell up to one million barrels per day (bpd) of crude in the next Iranian calendar year starting late March based on targets defined in a budget bill presented to the parliament last week.

He said the United States would fail to spot and identify Iran’s tricks for getting round the sanctions.

The announcement for export of 1 million bpd of oil for the next year is a realistic figure. Pourmohammadi said while responding to a question about the feasibility of government plans for oil exports in the face of growing US pressure on the industry.

The official said the target defined for the sale of oil was based on Iran’s ability to devise mechanisms that would circumvent the American sanctions.

The US continues to impose harsh penalties on countries buying Iran’s oil through normal mechanisms while Washington uses every channel to obtain intelligence and information that could expose Iran’s efforts to circumvent the sanctions and deliver its crude to major customers.

It’s correct that the enemies have become familiar with (our) previous methods of circumventing sanctions. Pourmohammadi said. adding. But as soon as they would know of our new methods. we would have attained our goal.

The Iranian government on Sunday presented an annual budget bill to the parliament which many believe is largely free of financing mechanisms that normally rely on oil exports.

The target of 1 mln bpd for the next year budget is significantly lower than figures seen in similar budget laws adopted for years that span 2016 and 2017 when Iran sold more than 2.5 million bpd.

Last Monday. Iranian First Vice-President Eshaq Jahangiri said that his country has been able to bypass the US sanctions by finding different methods to sell crude.

Despite maximum psychological and economic pressures. the Americans have failed to zero Iran`s crude exports and we sell crude through different methods. Jahangiri said. addressing a forum in Tehran.

He warned that the US has focused its maximum pressure on Iranian people`s living. meantime. saying that the situation in the country is better than what the Americans intended.

Iranian President Hassan Rouhani has several times since last year said that American officials had admitted their incapability to stop Iran`s crude sales. and the US sanctions would only leave negative impacts on imports of foodstuff. medicine and medical equipment.

What the Iranian officials said that the US is not able to zero Iran`s oil exports was proved with the US recent admission. President Rouhani said after a trilateral meeting with the parliament speaker and judiciary chief in Tehran on November 10. 2018.

`The US announced that it cannot zero Iran`s oil sales because the oil prices will rise to $150. this is what we had said (before). In this region. either Iran`s oil is exported or others will be in trouble as well.` he added.

President Rouhani referred to the US lies that the foodstuff. drugs and medical equipment were exempted from Washington`s sanctions against Iran. and said. This is incorrect. When the banking system is sanctioned. everything is affected.

Also. in August. President Rouhani blasted the US economic terrorism which has targeted the ordinary people in Iran. warning that attempts to zero his country`s oil exports may put the international maritime shipping in danger.

The world powers should know that in case of imposing comprehensive sanctions on Iranian oil and pushing the country’s oil exports down to zero. international sea routes cannot remain as safe as before. Rouhani said in a meeting with Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei along with his cabinet members in Tehran.

He added that unilateral pressures on Iran cannot be in their favor and secure their safety in the region and the world.

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