Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, December 26, 2012

Iran warns of cancelling $5 bn China gas deal: media

Iran warns of cancelling $5 bn China gas deal: media

Tehran (AFP) Dec 24, 2012
Iran has warned China it could cancel a much-delayed $5-billion offshore gas exploration contract in the Gulf, a news agency said on Monday. "There is a possibility of cancelling the contract" signed in 2009 to develop the South Pars gas field - which holds around eight percent of the world's gas reserves - Mehr news quoted oil ministry spokesman Alireza Nikzad as saying. http://www.energy-daily.com/reports/Iran_warns_of_cancelling_5_bn_China_gas_deal_media_999.html

No comments:

Post a Comment