Saturday, April 17, 2010

Malaysia cuts off petroleum supply to Iran not true.

Foreign news reports quoting Datuk Seri Najib Tun Razak as saying that Malaysia had cut off gasoline supplies to Iran are incorrect.

The Prime Minister said Petronas was involved in a spot sale to Iran in mid March under a third party deal but since then there had been no requests.

"It is not correct, it was not a decision taken by Petronas per se. It involved a spot sale and there was no requirement anymore, so they don't do it (anymore)," he told Malaysian reporters late Friday.

"It is a third party deal that was done in mid-March, not now. I was a bit surprised that a lot of noise has been made out of this thing," said Najib who is on the final day of his week-long visit to Washington and New York.

Excerpt from The Star

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