Tai­wan hopes for Iran oil sanc­tion waiver

Tehran Times - - ECONOMY -

Tai­wan was wait­ing to see whether it was one of the ‘eight ju­ris­dic­tions’ ex­pected to re­ceive waivers to con­tinue buy oil from Iran de­spite sanc­tions from the United States.

Don­ald Trump is sched­uled to reim­pose mea­sures against Iran’s en­ergy, ship­ping, ship­build­ing and fi­nan­cial sec­tors on Novem­ber 5, but eight coun­tries were ex­pected to be left out, re­ports said Satur­day.

No names had been men­tioned, but Ja­pan, South Korea, In­dia and maybe China were ex­pected to be in­cluded.

Tai­wan’s state oil com­pany, CPC Cor­po­ra­tion, Tai­wan, said it had not re­ceived any in­for­ma­tion about the is­land coun­try’s fate, but a waiver would be pos­i­tive, es­pe­cially since it would help with the di­ver­si­fi­ca­tion of oil sources. Tai­wan needs to im­port vir­tu­ally all of its gas and oil from over­seas.

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