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If the preference of the private sector is to sell these [petroleum] products to Iran, we will help them. There is no demand for Turkey to halt the trade of these products with Iran: Turkey's Energy Minister.

Tehran, August 13, 2010 (Hamsayeh.Net) - Turkey and Russia two of Iran strategic partners have dismissed US-led Western gasoline embargo on Iran a Middle Eastern country known for its immense geostrategic importance.

Turkish energy minister Taner Yildiz supported Ankara’s relations with its historic neighbor in the East saying he will support ongoing trades since Iran is more important to Turkey than US is in energy fields. ‘If the preference of the private sector is to sell these [petroleum] products to Iran, we will help them. There is no demand for Turkey to halt the trade of these products with Iran,’ Yildiz said in an interview.

Iran, the world largest energy holder with its oil and gas reserves combined, is one of Turkey’s main suppliers of fossil fuel energy. In spite of its massive energy resources Iran imports 35 percent of its domestic gasoline consumption from foreign produces. The government has implemented several mega projects to increase gasoline production and should those projects come online Iran will become a net exporter of this commodity in the future.

Turkey and Iran relations however go way beyond trades and economics. The two have extensive cultural, historical and geopolitical bounds since the down of civilization.

Furthermore, in a move that would surly upset Washington and its overall designs against the international community, the Russian giant Lukoil company in partnership with China’s state-run firm Zhuhai Zhenrong said they will continue supplying gasoline to the Iranian market. Last week they discharged 250,000 bbl to Iran and other shipments are scheduled for the future.

Both Moscow and Beijing reject unilateral and futile sanction moves against Iran maintaining that they had supported a UN resolution only to resolve the nuclear standoff through negotiations. 

The Iranian government is implementing several mega projects to increase gasoline production and should those projects come online Iran will become a net exporter of this commodity in the future.

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