Sunday, 1 September 2013

Dubai's ENOC loses deal to fuel U.S. military jets | Reuters

Dubai's ENOC loses deal to fuel U.S. military jets | Reuters:

""ENOC was not awarded a contract because ENOC was not the lowest price offerer," a spokesman for the U.S. Department of Defense said in an e-mail when asked if the deal was not renewed because of ENOC's ongoing use of Iranian oil.

Chevron, whose UAE offices are housed within the ENOC complex in Dubai, declined to comment on commercial agreements or its relationship with ENOC.

The United States has urged other users of Iranian oil to slash their imports over the last two years as Washington tries to starve Tehran of funds for its disputed nuclear activities.

U.S. officials have asked ENOC to reduce its imports of light Iranian oil, but close U.S. ally Dubai is still importing large quantities, according to shipping data, because its refinery is designed to run on it."

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