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03/09/11

Eurostat: Iran, 5th Crude Oil Supplier to EU in 2010

Source: Moj News

Despite the sanctions, Iran's oil exports to the European Union increased 41 percent in 2010, making the country the fifth biggest crude supplier to the block, Eurostat reported.

In 2009, Iran had exported €8.11 billion oil to the 27 member states of EU being ranked 7th biggest crude supplier to the union. In 2010, the figure exceeded €11.44 billion making the country the fifth biggest crude exporter to the EU, according to Eurostat.

Iran had supplied 4.8 percent of EU's crude demand 2009, while the figure increased to 5.2 percent in 2010, the report added.

EU's total crude imports increased to €220 billion in 2010 from €168 billion in 2009.

Russia (€74.35 bln), Norway (€33.45 bln), Libya (€22.3 bln), Kazakhstan (€12.52 bln), Iran (€11.44 bln), Nigeria (€10.23 bln), Saudi Arabia (€10.11 bln), Azerbaijan (€9.46 bln), Iraq (€6.36 bln) and Algeria (€4.94 bln) were the top 10 oil suppliers to the European Union in 2010.

... Payvand News - 03/25/16 ... --



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