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Weapons of Mass Destruction (WMD)

Iran says there are enough demands for its oil

ISNA - Iranian Students' News Agency

News Code :9010-06549

TEHRAN (ISNA)-Iranian Foreign Ministry Spokesman Ramin Mehmanparast said there are enough demands by another countries for Iran's oil.

Mehmanparast referred to petrol sanction against Iran by the U.S. and the EU and said, "They try to exclude their Asian rivals. I think their Asian rivals act wisely and do not put their interests in danger by political pressures of the U.S."

He also downplayed the U.S. and the EU sanctions against Iran and said, "Iran is the world's second largest gas owner and the four largest oil owner.

Mehmanparast added the U.S. sanctions aim to exclude the country's economic rivals including China, Japan and India. Since the countries need long-term and sustainable energy sources. The U.S. tries to change the energy sources from long-term form to instable form.

He added the country does not have any concern about the U.S. sanctions since there are enough demands for Iran's oil.

Also on Thursday, the U.S. President Barack Obama's administration imposed sanction on China's state-run Zhuhai Zhenrong Corp on buying Iranian oil.

The sanctions against the Chinese company and two other firms are part of a broadening effort to target Iran's energy sector and press Tehran to curb its peaceful nuclear activities.

However China criticized the U.S. sanctions on a Chinese company selling refined petroleum products to Iran.

Western governments claim the nuclear activities aim at building atomic weapons. Iran says its nuclear activities are legitimate and entirely for peaceful ends.

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