Iran News ...


01/03/10

Iran: Parliament, Oil Minister Discuss Ways to Counter Possible Gasoline Sanctions

TEHRAN, Jan. 3 (Mehr News Agency) - Majlis lawmakers held a meeting with Oil Minister Masoud Mirkazemi behind closed doors on Sunday. A lawmaker who refused to be named said ways to counter a possible gasoline sanctions against Iran were discussed in the closed-door meeting.

The meeting came as lawmakers have protested importation of gasoline without a parliamentary authorization in recent months. Last month, Supreme Audit Court Director Abdolreza Rahmani Fazli told a press conference that the government must get parliamentary approval for importing 2 billion dollars of gasoline otherwise it will be considered illegal.

However, the lawmaker, who sits on the Majlis presiding board, said there were no talks of gasoline importation without parliamentary endorsement, or the price of oil in the next year's budget, and a misunderstanding between Iran and Iraq over the demarcation of a join oil field in the Fakah region.

Quoting the oil minister, the lawmaker said some petrochemical plants will change their production lines to produce gasoline in line with the policy to attain self-sufficiency in gasoline production and counter possible gasoline sanctions.

The U.S. House of Representatives has approved legislation to impose sanctions on foreign companies that help supply gasoline to Iran.

The bill authorizes President Barack Obama to levy sanctions on energy companies that directly provide gasoline to Iran along with the firms that provide insurance and tankers to facilitate the fuel shipments.

... Payvand News - 01/03/10 ... --



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