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Dubai widens search for oil deals as sanctions cut flow from Iran

Associated Press -- Dubai's government-run oil company says it has started importing supplies from Qatar and is seeking other sources in apparent moves to replace Iranian crude lost because of international sanctions.

Sunday's statement from the Emirates National Oil Co. said it could seek to expand imports from the Middle East and Asia to help meet rising demand in the city-state, which has little of its own oil unlike neighboring Abu Dhabi.

The statement did not mention Iran, but Dubai was a major buyer of Iranian condensate — light oil ready for refineries — and faced U.S. pressure to stop the flow.


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Submitted Jan 28, 2013 By: RENEGADEGAS
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Dubai widens search for oil deals as sanctions cut flow from Iran Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,291
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Message Posted: Feb 1, 2013 3:52:19 AM

camaro: where the fuel prices are even higher?
camaro_man
Champion Author Kitchener-Waterloo

Posts:5,604
Points:1,433,295
Joined:Jun 2010
Message Posted: Jan 29, 2013 2:36:01 PM

come to canada
studebaker1940
Champion Author Tampa

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Message Posted: Jan 29, 2013 7:40:59 AM

This isn't going to end well
Wizrd03
Champion Author Illinois

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Joined:Oct 2008
Message Posted: Jan 29, 2013 4:40:49 AM

Boy, the middle east looking to import oil - who wudda thunk....
Ferdman17
Champion Author Albany

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Message Posted: Jan 29, 2013 3:59:56 AM

I agree tomok
tomok
Champion Author Portland

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Message Posted: Jan 29, 2013 1:21:20 AM

Dubai widens search for oil deals as sanctions cut flow from Iran? Dubai doesn't have enough oil of their own and they have to import it? Are the international sanctions really working against Iran? As the World Turns and things happen! What next?
Vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII! - The Day After......
SkooterG
Champion Author Phoenix

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Message Posted: Jan 29, 2013 12:20:44 AM

A good thing. Get them insured, and held accountable for the various responsibilities of driving.
gd83goldwinger
Champion Author South Bend

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Message Posted: Jan 29, 2013 12:04:08 AM

All, now they know how we feel.
iFueler
Champion Author Durham

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Message Posted: Jan 28, 2013 11:29:48 PM

an interesting development
vulcan96
Champion Author Ohio

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Message Posted: Jan 28, 2013 11:28:37 PM

what is that smell ?????/
BEngr
Champion Author Illinois

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Message Posted: Jan 28, 2013 11:27:39 PM

Its nice to know someone is in the same boat as we are.
macike
Champion Author South Dakota

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Message Posted: Jan 28, 2013 11:25:58 PM

I am sure with the background blessing of OBama
camel1
Champion Author Minnesota

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Message Posted: Jan 28, 2013 11:25:15 PM

not surprising and day 2
UseLessGasFolks
Champion Author Iowa

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Message Posted: Jan 28, 2013 11:24:51 PM


Glad they are on board with the rest of us.
rd2000
Champion Author Florida

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Message Posted: Jan 28, 2013 11:23:01 PM

old news
pinofl
Veteran Author Miami

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Message Posted: Jan 28, 2013 11:22:37 PM

?
RENEGADEGAS
Champion Author Missouri

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Message Posted: Jan 28, 2013 11:17:38 PM

Hey this is last nights story. Why is it still on the board?
Rooster922
Champion Author Wilmington

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Message Posted: Jan 28, 2013 11:15:39 PM

Really, it doesn't have it own Oil?
KrsnaDragon
Champion Author Montreal

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Message Posted: Jan 28, 2013 11:07:50 PM

The unfortunate reality of sanctions.
Kawibiker
Champion Author Illinois

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Message Posted: Jan 28, 2013 11:07:03 PM

who cares... squeeze Iran more..
kd5kpd
Champion Author Texas

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Message Posted: Jan 28, 2013 11:06:36 PM

Old news
unicornpmb
Champion Author Buffalo

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Message Posted: Jan 28, 2013 11:06:08 PM

Sounds like a plan.
TBONE3
Champion Author Pennsylvania

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Message Posted: Jan 28, 2013 11:04:03 PM

POOR Dubai. Let then search.
gaspumpin
Champion Author Indiana

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Message Posted: Jan 28, 2013 11:01:10 PM

Squeeze Iran harder.
danreino
Champion Author Twin Cities

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Message Posted: Jan 28, 2013 10:58:57 PM

P.A. & Dubay
pa79th
Champion Author Pennsylvania

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Message Posted: Jan 28, 2013 10:58:56 PM

Poor babies...like Dubai doesn't have enough of its own oil.
judgemobile
Champion Author Ohio

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Message Posted: Jan 28, 2013 10:58:05 PM

sanctions rarely work, while Iran laughs at the world.
defiancegasman
Champion Author Ohio

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Message Posted: Jan 28, 2013 10:58:01 PM

Black Market for the BLACK GOLD!!
craigsf38
Champion Author Rochester

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Message Posted: Jan 28, 2013 10:54:34 PM

they will find a way
kgbellman
Champion Author Ann Arbor

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Message Posted: Jan 28, 2013 10:53:38 PM

I would bet there is more fuel waste in Dubai than the US
texasvet
Champion Author Texas

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Message Posted: Jan 28, 2013 10:50:46 PM

Sanctions never work. They always make exceptions, some countries won't play, there's always smuggling. If you want to make an impression on Iran, the quickest way is to blow the crap out of their nuclear facilities.
Bald1usa
All-Star Author District of Columbia

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Message Posted: Jan 28, 2013 10:48:10 PM

No worry, Iran will just back door it through Qatar or even Abu Dhabi. I would be surprised if it is not already happening.
CDMAuto
Champion Author Connecticut

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Message Posted: Jan 28, 2013 10:46:09 PM

they will find a way.... sanctions do not work.... Example Cuba
Zonk
Champion Author Michigan

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Message Posted: Jan 28, 2013 10:45:07 PM

Arab buddies will come to their rescue as needed.
jrschl
Champion Author Louisville

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Message Posted: Jan 28, 2013 10:44:45 PM

The sanctions are farther reaching than initially planned.
granitestater
Champion Author New Hampshire

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Message Posted: Jan 28, 2013 10:44:04 PM

What? A country in the Persian Gulf that IMPORTS oil?
CarolinaDragon
Champion Author South Carolina

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Message Posted: Jan 28, 2013 10:43:23 PM

Dubai should seek oil from the United States.
bridgerunner
Champion Author Virginia

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Message Posted: Jan 28, 2013 10:39:35 PM

It is good they are learning to play well with others, and stop playing with the bully.
RitaVespa
Champion Author Oregon

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Message Posted: Jan 28, 2013 10:38:51 PM

Ok
pgerassi
Champion Author Milwaukee

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Message Posted: Jan 28, 2013 10:38:00 PM

Too bad.
Z51Corvette
Champion Author Austin

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Message Posted: Jan 28, 2013 10:35:47 PM

dailyrun... is "yeah" all you can think of... can you enlighten us with some deeper wisdom...
Z51Corvette
Champion Author Austin

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Message Posted: Jan 28, 2013 10:34:39 PM

Well, the cost of doing business sometimes creates difficulty. Work it out, deal with it. Iran needs to be held accountable.
Gay_Blade
Champion Author San Jose

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Message Posted: Jan 28, 2013 10:33:57 PM

here we go, another uptick. Any excuse will do!
MidNJ
Champion Author New Jersey

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Joined:Sep 2009
Message Posted: Jan 28, 2013 10:33:38 PM

Dubai Widens Search for Oil - because of Iran sanctions - ????

Guess Dubai is looking for a way to make some more money, especially if the sanctions last a while.

Dailyrun
Champion Author Kentucky

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Message Posted: Jan 28, 2013 10:33:32 PM

yeah
ican2step
Champion Author Pittsburgh

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Message Posted: Jan 28, 2013 10:31:47 PM

When...I mean WHEN will the global market see that we are sitting on more oil than the entire OPEC cartel? DRILL, REFINE, SHIP! We have the infrastructure. Gasoline should be under $2.00/gallon for ALL countries friendly to our ideals. $7.00 to those who are not.
Jmac2008
Champion Author Missouri

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Message Posted: Jan 28, 2013 10:31:09 PM

and as demand for oil decreases then why is the price still going up.
Tigercat88
Champion Author North Carolina

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Message Posted: Jan 28, 2013 10:30:06 PM

Money Talks.
Matt G
Champion Author Boston

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Message Posted: Jan 28, 2013 10:29:32 PM

You have to do what you have to do
Chris46
Champion Author Dayton

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Message Posted: Jan 28, 2013 10:29:25 PM

We've got them shaking in their boots, now let's tighten the noose
txkrb
Champion Author Texas

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Message Posted: Jan 28, 2013 10:29:11 PM

Dubai does not have its own oil?

I did not know the Iranian sanctions were even accomplishing anything
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