Iranian Minister of Petroleum Javad Owji said on Monday that despite the Western sanctions on Iranian oil industry, the country is exporting oil to customers without any problem.
He said that the Iranian sales and exports of crude oil, condensates and oil products are underway without any halt.
Iran has devised new mechanisms for oil exports and has found new customers over the past few years, the minister said.
He noted that his colleagues at the international affairs department of Iranian Ministry of Petroleum have found new markets for Iranian crude oil, gas condensates, oil products and petrochemicals.
Iran reached a landmark nuclear deal with six world powers – namely the United States, Britain, France, Germany, Russia, and China – in 2015 which led to the removal of all the sanctions on the country.
The US administration under President Donald Trump, however, unilaterally withdrew from the multinational accord in 2018. The country re-imposed sanctions on the Iranian economy including its oil industry. It also threatened other countries that they would be punished by Washington if they refuse to follow these unilateral penalties.
Four years after the re-imposition of sanctions, Iran says has found different ways to circumvent them with new customers for its oil.