Iran-Owned UK Gas Field to Continue Operations
The UK’s Rhum gas field, in which the National Iranian Oil Company (NIOC) holds 50%, will continue working after meeting US sanctions conditions against Iran, the field’s future operator.
The UK’s Rhum gas field, in which the National Iranian Oil Company (NIOC) holds 50%, will continue working after meeting US sanctions conditions against Iran, the field’s future operator.
Iran plans to sell discounted oil to the Asian market as a way to mitigate losses caused by US sanctions on the country.
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