Iran never sells oil to Greece on credit

TEHRAN, Nov. 26 (MNA) -- Iran rejected some news published by western media on selling crude oil to Greece on credit, saying that the country has not opened an unlimited credit line for Greece. The National Iranian Oil Company’s managing director, Ahmad Qalebani, said that the contract for selling oil to Greece has remained unchanged within the past two years. Reuters said in a report on November 11 that traders said Greece has turned to Iran as the supplier of last resort despite rising pressure from Washington and Brussels to stifle trade as part of a campaign against Tehran's nuclear program. Qalebani also denied a Reuters report that an Iranian-owned entity this week lifted 80,000 tons (586,400 barrels) of Syrian crude, consisting 50,000 tons of heavy Souedie and 30,000 tons of Syrian Light, at Baniyas. The United States, Britain and Canada announced fresh plans Monday to sanction Iran's financial and energy sectors in a move to raise pressure on Tehran to halt its nuclear program. Britain banned dealings with Iranian banks including the central bank.