Exclusive: China mulls guarantees for ships carrying Iran oil




 
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Exclusive: China mulls guarantees for ships carrying Iran oil
 
April 30th, 2012  
News Manager
 

Topic: Exclusive: China mulls guarantees for ships carrying Iran oil


Exclusive: China mulls guarantees for ships carrying Iran oil
BEIJING (Reuters) - China is considering sovereign guarantees for its ships to enable the world's second-biggest oil consumer to continue importing Iranian crude after new EU sanctions come into effect in July, the head of China's shipowners' association said. Tough new European Union sanctions aimed at stopping Iran's oil exports to Europe also ban EU insurers and reinsurers from covering tankers carrying Iranian crude anywhere in the world. ...




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