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The private enterprise selling Iran's cheap oil beat sanctions

LONDON (Reuters) - "unnamed private enterprises to provide a great discount on Iranian crude oil to oil traders in Europe as Tehran to resume oil exports flow from Western sanctions against.
Who buy European refineries with crude oil traders said they are getting daily calls for Iranian crude oil, sometimes associated with the forgery of commitment from different origins, it is disguised as oil.
In order to reverse the decline in the United States due to export to EU sanctions, Tehran last month scrapped a strict policy only through national marketing Petroleum National Iranian Oil Company (NIOC), a private company trademark.
Almost stop the sanctions aimed at forcing Iran to give up the West to say that what is a nuclear weapons program, Iran's oil sales to Europe. EU ban on imports of purchase from July 1 and non-EU, Turkey has been cut.
Initially to Turkey is Iran's oil is now established in the Egyptian Mediterranean transit port of Sidi Kerir, and provide more and more small businesses in the European oil market.
"They are crazy offshore companies, mainly Iranian players behind them, said:" In a large state-owned oil companies, oil traders. He said that the most favorable calls.
Not all sellers of crude oil is based on the regions outside of Europe. A chance to see a company by Reuters online marketplace Alibaba, from Italy.
Salama, import and export capacity of suppliers to provide both light and heavy load per month to 1.2 million barrels from the Sidi Kerir Iran's crude oil grades as itself.
Advertising delivery in May, including the detailed pricing formula to Turkish Lira or euro, and from the site took several hours, the Reuters reporter by telephone the Contact general manager, Saef Salama.
"Advertising is the old," Salama said. "If you want access to Iranian oil, you have to contact the Iranian Oil Ministry."
The company's registered address in the suburbs of Rome, the company in the handwritten name of the doorbell.
The low-rise block, a small, but clean part of the development, mainly residential, Italian and foreign family intercom listed name.
In one case the cash
Covered by the EU ban on oil imports and the shipping insurance with the U.S. the combination of measures to deal with Iran's central bank has been reduced by 50% since February, Iran's oil exports.
Insurance ban to prevent the Turkish vessels from Iran's oil is loaded from the Sidi Kerir - Sumed pipeline oil transportation in Iran, Saudi Arabia, Iraq and Egypt, from the Red Sea to the Mediterranean terminal.
Traders said the 700 million barrels of Iranian crude oil, or seven medium-sized value of approximately $ 70 billion shipments are stuck in Egypt, and provide immediate load cheaper.
Some sellers provide help to avoid sanctions or unnecessary publicity to an origin and fictitious pricing details, with the Iraq certificate.
The head of a crude desk that he had received about three calls a day of crude oil with a sharp discount.
"The problem now is that oil is a significant discount trading - you are looking for greater profits, the question now is what price the risk that you will go to jail," he said.
He said that crude oil is also being provided part of the goods, by certified.
Tankers entering carry 75% of the true Iraqi crude oil in Egypt, and then fill in the rest of Iran's oil. The results will be sufficiently similar to the goods by any test.
Iran's Oil Ministry did not answer their public relations office telephone.
Traders and Western diplomats say they expect Tehran to intensify the sale of only four countries rapidly shrinking buyer pool as Iran's crude oil by private companies - to buy earlier this month - China, India, Japan and Taiwan.
"A Western diplomat said:" This is a question of time than anything else before we begin to see the work destined for Iran oil traders.
However, dealers and trade company, said he doubted that private enterprises will be able to transfer because the amount of financial complications.
"Scared they policing any transactions in the banking sanctions, and even remotely similar to transactions with Iran. No bank, you can not do much unless you enough cash crazy," he said.



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