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Kenya: Kenya Cancels Iran Oil Deal
Capital FM, 4 July 2012
Kenya has now cancelled a Memorandum of Understanding it signed with Iran last month for the importation of four million tonnes of Iranian crude per year. Read more »
Sanctions Force Kenya to Scrap Iran Oil Deal
A deal to import four million tons of crude oil per year from Iran has been terminated. The government cited international sanctions on Iranian crude as its reason for cancelling the memorandum of understanding signed last month.Video
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4 July 2012
Kenya Cancels Iran Oil Deal
- Publisher:
- KENYA Citizen TV
- Publication Date:
Kenya has moved with speed to avert a diplomatic row with the U.S. and key western powers, while staving off the threat of facing international ... see more »
Oil rig: The cancellation was revealed barely hours after the United States warned the Kenyan government of possible sanctions following the decision to buy oil from Iran.
InFocus
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Government has not taken a decision on whether to reduce crude oil imports from Iran with a response expected in May, the Department of Energy has said. Read more »
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A U.S.$250 Million loan has been awarded to Kenya Petroleum Refineries Limited to upgrade its oil refineries but it is not certain whether consumers will pay less for fuel. Read more »
