Economy

xchrom

(108,903 posts)

36. Kenya cancels Iran oil imports over sanctions threat

Thu Jul 5, 2012, 10:40 AM

Jul 2012

http://www.bbc.co.uk/news/world-africa-18690440

Kenya has cancelled plans to import crude oil from Iran following threats of sanctions, an official at the Kenyan energy ministry has said.

The outline deal signed last month was to import about 4m tonnes of oil from the Iranian National Oil Company.

But the US embassy in Nairobi had warned it was important to cut revenue to the Iranian government.

The US and the European Union have just tightened sanctions on Iran over concerns about its nuclear programme.

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