Monday, February 6, 2017

Iran says U.S. sanctions stop American oil firms taking part in projects

Congress News Headlines - Yahoo! News
Iran says U.S. sanctions stop American oil firms taking part in projects

FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian GulfIran has imposed no restrictions on U.S. oil firms willing to participate in energy projects in the country but American sanctions make such cooperation impossible, Iran's deputy oil minister said on Monday. "Iran has not imposed any restrictions on the U.S. companies, but they cannot participate in our (oil and gas) tenders due to the U.S. laws," Amir Hossein Zamaninia, deputy oil minister for trade and international affairs, was quoted as saying by state news agency IRNA. "Based on the U.S. Congress sanctions, the American oil companies cannot work in Iran," he added.


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