BREAKING NEWS

Turkey says may still get US waiver on Iran sanctions

By REUTERS

MARCH 21, 2012 12:16

ANKARA - Turkey could still get a waiver over sanctions which the United States plans to implement on countries buying oil from Iran despite not being named on a list of exempted nations released by Washington, Turkish Energy Minister Taner Yildiz said on Wednesday.

"Turkey's absence from the United States waiver list regarding the Iran issue doesn't mean it will not be included," Yildiz told reporters at an energy conference in Ankara.

He said Turkey would continue to buy oil from Iran until existing contracts expire.

Turkey imports around 200,000 barrels per day of oil from Iran, representing over seven percent of Iran's oil exports.

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