Iran rejects decline in demand for its oil

Tehran, July 12: Iran’s OPEC governor says a claim that demand for Iran’s crude oil has declined in the world markets is a ‘complete lie’.

Seyyed Mohammad-Ali Khatibi strongly dismissed a report by an international institute, which had stated that the demand for Iran’s crude oil has dropped in the first four months of 2009 as a result of political tension in the country.

“So far no unusual issue has been reported in the amount of demand for Iran’s crude oil,” Khatibi told Mehr news agency in an interview.

The news agency did not name the institute, but reported that recently some international energy institutes have declared in their reports that political tension in Iran had reduced the demand for the country’s crude oil by 30,000 barrels per day since January to April.

—–Agencies