Thursday, April 11, 2013

Eye on Iran: Iran's Crude Exports Decline in March on Sanctions, IEA Says








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Bloomberg: "Iran's crude exports declined in March to the lowest this year as international sanctions aimed at the Persian Gulf country's nuclear program and weaker global demand cut purchases, the International Energy Agency said. Imports from Iran slipped to 1.1 million barrels a day in March, from a revised 1.26 million barrels daily in February, the Paris-based adviser to 28 oil-consuming nations said in a report today. U.S. rules took effect in February requiring importers to pay in local currencies kept in escrow accounts and refiners in India last month faced the prospect of losing insurance coverage if they used Iranian oil. The U.S. and its allies are restricting Iran's oil exports, the country's largest source of revenue, to pressure the government in Tehran to stop enriching uranium... Iran's oil production declined 40,000 barrels a day in March to 2.68 million barrels daily, the IEA said. Shipments last month were also lower than the 1.13 million barrels of Iranian crude the IEA reported other countries bought in January. The agency said it adjusted the figures for March shipments, estimated by measuring the amount of Iranian crude other countries are importing, by 215,000 barrels a day more to account for tanker movements that aren't properly reported." http://t.uani.com/ZoVsiO

Reuters: "South Korea could become the second major buyer of Iran's crude to face a halt in imports from the Middle Eastern nation, as insurers broaden Western sanctions to refineries, people involved with the matter say. Tough curbs by the United States and Europe to force Tehran to end its nuclear program have more than halved Iran's oil exports over the past year, as an EU ban on insurers aiding transport of its crude left buyers unable to find coverage. Now the focus is shifting to refineries that process the oil, as insurers worry about running afoul of the sanctions. Refiners operating without insurance pose huge financial risks to their owners. Indian insurers have already taken a tough stance, warning that they would not be able to pay claims at plants processing Iranian crude. A similar move is underway in South Korea, the fourth-biggest buyer of Iranian crude, worth about half a billion dollars each month. Hyundai Oil bank, one of South Korea's two refiners of Iranian crude, struggled to find reinsurers willing to renew its coverage late last year, a person with direct knowledge of the matter said. 'It's not a problem of a higher price. Even if the reinsurers get a higher premium for covering Iranian crude, the policy is forbidden,' the person said, adding that the world's two biggest reinsurers, Munich Re and Swiss Re, did not want to cover Iranian crude for fear of breaching the sanctions." http://t.uani.com/ZK03TS

Business Day: "MTN expects to repatriate some R1.2bn of its funds tied up in Iran this year, Mr Dabengwa said. The company has been in talks with the Iranian central bank and US authorities on sending back its dividends without violating sanctions. Mr Dabengwa, however, said MTN would exit its Iran operation if there was any clear indication the US government would impose sanctions on the business. MTN is facing a $4.2bn lawsuit in a US court over a rival Turkcell's allegation that it used corrupt practices to win the Iranian operating licence." http://t.uani.com/16PfKZa
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Nuclear Program 

Reuters: "Iran's former nuclear negotiator, now a candidate in Iran's presidential election, pledged Thursday to improve rocky relations with the West if he is elected. Hasan Rohani is considered a leading candidate in the June election because of his centrist views and close ties to Iran's ruling clerics. A top supporter said he favors negotiations to resolve the dispute over Iran's suspect nuclear program, while preserving Iran's rights. Rohani told a campaign rally that he would seek 'constructive interaction with the world,' an apparent reference to Western nations, which have imposed several rounds of sanctions to try to rein in Iran's nuclear program... 'My goals will be restoring the economy, promoting morality and relations with the world,' Rohani said. 'I will build government of prudence and hope.' 'Iran is in the middle of sensitive days, hard days,' Rohani told his supporters. 'It is because of regional and international situations as well as sanctions.'" http://t.uani.com/ZbiHB1

AFP: "The United States reacted with concern on Wednesday after Iran unveiled a new Uranium production facility and two extraction mines, but said it had not been 'blindsided' by the news... 'They have continued to move forward, we are very concerned about what they are doing,' a senior State Department official said, asking to remain anonymous... 'We weren't blindsided about it, because we are rarely blindsided about the things that they are considering. But they did not specify that they were going to do this,' the official said." http://t.uani.com/Yf9lAZ

Sanctions

AP:
"India will get control of six ships following a decision to dismantle a joint Iranian-Indian shipping company hit by Western sanctions on Iran, a government official said Thursday. The Irano Hind Shipping Company was finding it difficult to get customers or insurance for its ships because of the sanctions. Last week, the Indian government agreed to close down the 39-year-old joint venture. The state-owned Shipping Corporation of India will take over six of the seven vessels belonging to Irano Hind, the official said. In return, SCI will take on the liability of repaying the joint company's debt, estimated at around $88 million... The Irano Hind Shipping Company was set up before Iran's 1979 Islamic Revolution as a joint venture between the Shipping Corporation of India and the Islamic Republic of Iran Shipping Lines. The IRISL held a 51 percent stake in the company, while SCI had the remaining 49 percent. The company's ships were mainly used to transport Iranian crude to Indian refineries. The company suspended its operations last year after the Western sanctions kicked in." http://t.uani.com/155FC4Y

Human Rights

Amnesty International: "It was called 'Terror Club' - an hour-long 'documentary' that aired on Iranian state TV in August 2012. The 12 individuals - seven men and five women - featured in the show, appeared, one by one, in front of a camera, 'confessing' to their involvement in the killing of Iranian nuclear scientists over the past year. Beyond their starring role on television, no clear details about the arrest and detention of these 12 people are known. It is not known if any of them have been charged or tried - despite the recent announcement that 18 unnamed people will shortly go on trial for these murders. But it is known that all 12 could face the death penalty if they are found guilty of the alleged killings. This type of televised 'confession' is far from uncommon in Iran. Suspects are forced to appear on national or local television to admit to alleged crimes - often before their court proceedings have even started. These 'confessions' are then accepted as evidence in court, seriously undermining any prospect of a fair trial. Many defendants have later retracted their 'TV confessions', stating that they were coerced into making them, sometimes under torture. But these TV 'confessions' are part of an overwhelmingly unjust trial system in Iran." http://t.uani.com/150d908

Domestic Politics

LAT: "The reform movement that took to the streets to protest alleged vote-rigging in Iran's last presidential election has been crushed. The supreme leader has made it clear that such behavior will not be tolerated this time. But that doesn't mean the maneuvering to replace Mahmoud Ahmadinejad in an election set for June 14 has been without intrigue. Ahmadinejad, who was reelected in the disputed 2009 balloting, is barred by law from seeking a third term and is publicly promoting a trusted aide to replace him. It is far from clear, however, whether the president's preferred successor will even be allowed to run. For much of the outside world, the incumbent remains the defiant face of the Iranian theocracy. At home, however, the clerical establishment that backed him four years ago has tired of what hard-liners regard as his divisiveness and lack of deference to the religious leadership... Enter Esfandiar Rahim Mashaei, the president's chief advisor, top strategist and theoretician. He is also Ahmadinejad's trusted in-law - the president's son is married to Mashaei's daughter. Mashaei is widely regarded as Ahmadinejad's handpicked prospective successor, though the aide has yet to declare his candidacy. Candidates must declare their intention to run by May 7. To get on the ballot, they must be approved by the Guardian Council, a hard-line panel close to supreme leader Ayatollah Ali Khamenei. Many observers say the council is unlikely to approve Mashaei, who is loathed in clerical circles as a leader of a 'deviant current' challenging religious authority." http://t.uani.com/16PcnBi

Guardian: "The Iranian authorities have long accused Google Earth of being a tool for western spy agencies, but now they have taken their attacks on the 3D mapping service one step further - by planning the launch of an 'Islamic' competitor. Iran's minister for information and communications technology, Mohammad Hassan Nami, announced this week that his country was developing what he described as an 'Islamic Google Earth' to be called Basir (spectator in Farsi) which will be ready for use 'within the next four months'. 'Preparations have been made for launching our world's 3D map project and we are currently creating an appropriate data centre which could be capable of processing this volume of information,' the semi-official Mehr news agency quoted Nami as saying on Tuesday." http://t.uani.com/XucH5L

Foreign Affairs

AFP: "The White House on Wednesday expressed condolences to its long-time foe Iran over an earthquake which killed 37 people and damaged dozens of villages near its sole nuclear power plant. National Security Council spokeswoman Caitlin Hayden also said in a statement that Washington stood ready to 'help the Iranian people in this time of need.' 'The American people extend condolences to the people of Iran for the devastation that resulted from the recent earthquake and aftershocks in southern Iran, particularly to those whose loved ones were injured or lost their lives,' she said." http://t.uani.com/ZJV31u

Opinion & Analysis

Victor Davis Hanson in NRO: "The idea of a nuclear Iran - and of preventing a nuclear Iran - terrifies security analysts. Those who argue for a preemptive strike against Iran cannot explain exactly how American planes and missiles would take out all the subterranean nuclear facilities without missing a stashed nuke or two - or whether they might as well expand their target lists to Iranian military assets in general. None can predict the fallout on world oil prices, global terrorism, and the politically fragile Persian Gulf, other than that it would be uniformly bad. In contrast, those who favor containment of a nuclear Iran do not quite know how the theocracy could be deterred - or how either Israel or the regional Sunni Arab regimes will react to such a powerful and unpredictable neighbor. The present crisis with North Korea offers us a glimpse of what, and what not, to expect should Iran get the bomb. Mahmoud Ahmadinejad would gain the attention currently being paid to Kim Jong Un - attention not otherwise earned by his nation's economy or cultural influence. We should assume that the Iranian theocracy, like the seven-decade-long Kim dynasty in North Korea, would periodically sound lunatic: threatening its neighbors and promising a firestorm in the region - if not eventually in the United States and Europe as well. An oil-rich, conventionally armed Iran has already used that playbook. When it becomes nuclear, those previously stale warnings of ending Israel or attacking U.S. facilities in the Persian Gulf will not be entirely laughed off, just as Kim Jong Un's insane diatribes are now not so easily dismissed. North Korea has taught the world that feigned madness in nuclear poker earns either foreign aid or worldwide attention - given that even a 99 percent surety of a bluff can still scare Western publics. North Korea is the proverbial nutty failed neighbor who constantly picks on the successful suburbanites next door, on the premise that the neighbors will heed his wild, nonsensical threats because he has nothing and they have everything to lose. Iran could copy Kim's model endlessly - one week threatening to wipe Israel off the map, the next backing down and complaining that problems in translation distorted the actual, less bellicose communiqué. The point would not necessarily be to actually nuke Israel (which would translate into the end of Persian culture for a century), but to create such an atmosphere of worry and gloom over the Jewish state as to weaken its economy, encourage emigration, and erode its geostrategic reputation... A nuclear Iran would worry about neither a billion-person nuclear existential enemy nearby such as India, nor a billion-person patron such as China that would establish redlines to its periodic madness. Instead, Tehran would be free to do and say what it pleased. And its nuclear status would become a force multiplier to its enormous oil wealth and self-acclaimed world leadership of Shiite Muslims. If North Korea has been a danger, then a bigger, richer, and undeterred nuclear Iran would be a nightmare." http://t.uani.com/YNzs5B

Eye on Iran is a periodic news summary from United Against Nuclear Iran (UANI) a program of the American Coalition Against Nuclear Iran, Inc., a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. Eye on Iran is not intended as a comprehensive media clips summary but rather a selection of media elements with discreet analysis in a PDA friendly format. For more information please email Press@UnitedAgainstNuclearIran.com

United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons.  UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons.

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