More from 0LVE
- Mouloud Aounit, honorary MRAP chairman and friend of Ashraf residents, passed away
- Prominent Shiite clerics in Lebanon call on all Shiites to support Syrian revolution
- Catastrophic quake in NW Iran; mullahs covering up widespread proportions of casualties and destruction
- Iraqi government prevents burial of corpses of three residents of Ashraf and Liberty
- At least 14 of Iranian regime elements arrested in Syria are senior IRGC commanders
More iReports you should see
South African oil imports from Iran drops 43% in April
NCRI- South African Revenue Service said on Thursday that South Africa’s crude oil import from Iran fell 43% to $211 million in April from the previous month, Reuters reported. The fall in the crude oil import from Iran was reported to be due to pressures by Western governments to cut Iranian crude import as part of sanctions to force Iranian regime to halt it nuclear bomb making efforts.
Until late last year, Iran was South Africa's biggest crude supplier of Africa's biggest economy, accounting for 26 percent of total oil imports.
Gwede Mantashe, secretary general of the ruling African National Congress, told Reuters last week that South Africa had no choice but to comply with Washington's wishes because it could take a heavy hit if it does not comply. "We will do it because we are a small economy, and so I'm sure we'll cut back," he said.
Meanwhile, Petroliam Nasional Bhd. (PET)’s Engen unit, the biggest South African importer of crude oil from Iran, said on Thursday that it has suspended imports of oil from Iran.
According to a report by Bloomberg, Engen spokeswoman Tania Landsberg said that Engen, which operates the country’s second-biggest refinery based in Durban and with a capacity of 135,000 barrels a day, normally buys about 80 percent of its supplies from Iran.
Until late last year, Iran was South Africa's biggest crude supplier of Africa's biggest economy, accounting for 26 percent of total oil imports.
Gwede Mantashe, secretary general of the ruling African National Congress, told Reuters last week that South Africa had no choice but to comply with Washington's wishes because it could take a heavy hit if it does not comply. "We will do it because we are a small economy, and so I'm sure we'll cut back," he said.
Meanwhile, Petroliam Nasional Bhd. (PET)’s Engen unit, the biggest South African importer of crude oil from Iran, said on Thursday that it has suspended imports of oil from Iran.
According to a report by Bloomberg, Engen spokeswoman Tania Landsberg said that Engen, which operates the country’s second-biggest refinery based in Durban and with a capacity of 135,000 barrels a day, normally buys about 80 percent of its supplies from Iran.
- TAGS:
- iran,
- iran_election
What do you think of this story?
Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
Be and editor! Choose an option below:
iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.
© 2013 Cable News Network. 
Comments