. Energy News .




.
ENERGY TECH
OPEC chief hopes EU will not impose embargo on Iran oil
by Staff Writers
Doha (AFP) Dec 7, 2011


The head of the Organisation of Petroleum Exporting Countries (OPEC) said on Wednesday he hoped the EU would not press sanctions on Iran's "difficult to replace" oil exports.

"I really hope there will not be an EU embargo on Iranian oil," OPEC Secretary General Abdullah El-Badri said at the World Petroleum Congress in Doha.

"It will be very, very difficult to replace" the exports of this OPEC member, he said.

"Europe now is facing some difficulties... so to cut these 865,000 barrels a day immediately, I think it will be a problem," he said, apparently referring to Iran's exports to all of Europe, as the EU imports only around 450,000 bpd from Iran, according to the International Energy Agency.

The EU last week piled up pressure on Tehran following an attack on the British embassy, beefing up sanctions over Iran's nuclear programme, while it threatened to hit its oil and finance sectors next.

EU foreign ministers meeting in Brussels slapped sanctions on an extra 143 firms and 37 individuals, after the publication last month of a report on Iran's nuclear sector by the International Atomic Energy Agency (IAEA).

The ministers threatened in a statement to "extend the scope" of punitive action to strike at Tehran's economic heart.

It said the EU would examine measures targeting the financial system, energy and transport by late January.

Related Links
Powering The World in the 21st Century at Energy-Daily.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



ENERGY TECH
Japanese in big Australian LNG buy
Sydney (AFP) Dec 7, 2011
Japanese firms have taken their biggest step into Australia's growing Liquefied Natural Gas (LNG) sector, with five major power companies signing a sales deal worth Aus$70 billion (US$71.8 billion). The Japanese utilities Tuesday committed to buying 4.0 million tonnes per annum (mtpa) of LNG from Australia's proposed Ichthys Project for 15 years, ahead of a final investment decision on the p ... read more


ENERGY TECH
NZ sees carbon market with Australia, possibly with EU

Study debunks 6 myths about electricity in the South

Stanford scientists subject rocks to hellish conditions to combat global warming

Siemens makes US acquisition in smart grid sector

ENERGY TECH
Oil prices rise on Iran tensions

OPEC chief hopes EU will not impose embargo on Iran oil

Japanese in big Australian LNG buy

Oil to hit $250 if new Iran sanctions applied; MP

ENERGY TECH
Enel: More new wind capacity in Iberia

AREVA Wind M5000-135 offshore turbine evolves proven M5000 platform

New Bladed link to offshore code checking tools

Suzlon revs up wind power

ENERGY TECH
SolarStrong moves forward without government backing

Could CIGS hold the key to solar manufacturers' survival?

Oerlikon Solar Initiative Could See Lower Module Production Costs

Canadian Solar supplies 9MW power plant in Spain

ENERGY TECH
Japan nuclear reactor to be shut down

S.Korea, US resume talks on nuclear energy

Australia opens uranium exports to India

India's uranium mines cast a health shadow

ENERGY TECH
US Navy in big biofuel purchase

E. Coli Bacteria Engineered to Eat Switchgrass and Make Transportation Fuels

OSU study questions cost-effectiveness of biofuels and their ability to cut fossil fuel use

Mast from classic racing yacht holds one of the keys to sustainable biofuels

ENERGY TECH
China post office offers letters from space

15 patents granted for Chinese space docking technology

China plans major effort in pursuing manned space technology

Tiangong-1 orbiter enters long-term operation management

ENERGY TECH
Durban will help fix balance in climate fight: UN official

US senators urge ambitious climate deal

Table set for climate poker in Durban

Namibia vulnerable to climate change, tries carbon trading


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement