Showing posts with label fuel supply. Show all posts
Showing posts with label fuel supply. Show all posts

Monday, 23 August 2021

Iran resumes fuel exports to Afghanistan at Taliban request

Iran restarted its petrol and diesel exports to Afghanistan a few days ago, following a request from Taliban, the Union of Iranian Oil, Gas and Gas Exporters announced on Monday.

The Sunni Muslim group seized power in Afghanistan last week as the United States and its allies withdrew their troops after a 20-year war.

Gasoline prices in Afghanistan hit US$900/ton last week as many panicked Afghans left towns fearing retaliation and a return to a harsh version of Islamic law imposed by Taliban when they were in power two decades ago.

To counter the surge in prices, the new Taliban government has asked Shia Iran to keep the borders open to traders.

“The Taliban have sent messages to Iran saying ‘you can continue to export petroleum products’,” Hamid Hosseini, member of the board of directors and spokesperson for the Iranian union in Tehran, told Reuters, adding that some Iranian traders had been cautious due to security concerns.

Iranian exports started a few days ago, after the Taliban cut tariffs on fuel imports from Iran by up to 70%, Hosseini added, showing an official document from the Afghan customs organization.

The main Iranian exports to Afghanistan are gasoline and diesel. Iran exported around 400,000 tons of fuel to its neighbor from May 2020 to May 2021, according to a report released by PetroView, an Iranian oil and gas research and advisory platform.