Iran 5th biggest crude exporter to EU

November 8, 2007 - 0:0

TEHRAN (PIN) -- Iran supplied 6.5 percent of the European Union’s oil needs during the first half of 2007 by exporting 5.9 billion euros worth of crude, Eurostat announced.

This level of export is 0.3 percent lower than the corresponding figure of 2006, Fars News Agency reported.
Based on the report, Iran is the fifth biggest crude exporter to the 27 EU member states during the first six months of 2007.
The total crude imports of the EU during the same period exceeded 91 billion euros.
The top exporter to EU in the same period is Russia with 28 billion euros worth of crude.
Norway, Libya and Saudi Arabia rank ahead of Iran with exports worth 15, 9 and 6 billion euros respectively.
Kazakhstan, Algeria, Nigeria, Republic of Azerbaijan and Iraq rank after Iran with sales amounting to 4.6, 2.8, 2.7, 2.6, and 2.1 billion euros respectively.