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Thursday, March 17, 2011

Italy oil imports from Iran up by 80% http://english.iribnews.ir/NewsBody.aspx?ID=13042

New figures indicate Italy has increased its oil imports from Iran in 2010 by 80.6 percent despite sanctions imposed on the Islamic Republic's civilian nuclear program, according to PressTV.Data published by Italy's industry group Unione Petrolifera on Wednesday said that Iran's crude supply accounted for 13.3 percent of Rome's total oil imports. Iran, the fourth-biggest oil supplier to Italy, exported 10.377 million tons of oil to the European country in 2010. Italy's oil imports increased by 2.2 percent to reach 77.893 million tons last year, the data showed. Rome heavily relies on energy imports as they lack natural energy resources. The surge in Italy's imports from Iran comes as the United States and its allies have imposed unilateral sanctions on Iran's energy sector.

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