Kenya cancels Iran oil deal

2012-07-04 18:27
Iran oil refinery. (AP)

Iran oil refinery. (AP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Nairobi - A Kenya government official says the country is cancelling a deal to import Iranian oil hours after the US directly warned the country that it risked being penalised if it sees through the deal which would breach US and European union sanctions.

The sanctions are meant to deprive funding for the Iranian government and what is believed to be an effort by Iran to build nuclear weapons.

Kenya's Energy Permanent Secretary Patrick Nyoike said on Wednesday that Kenya had not signed an agreement but had a memorandum of understanding with Iran to import its oil and was complying with international sanctions on Iran.

He said the memorandum would be "terminated", though he said he was not aware of the warnings by the US on Wednesday.

Nyoike was quoted this week saying that Kenya has signed an agreement to buy millions of barrels of Iranian oil
 

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
3 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.