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Iran firm on Crescent deal
- Iran: Monday, September 17 - 2007 at 06:40
Iran's Oil Minister Gholamhossein Nozari has re-iterated his country will not sell gas to Sharjah's Crescent Petroleum until the price is adjusted upwards, reported Reuters. Nozari said Iran might choose to utilise the gas itself if no agreement is reached or, as was claimed last month, sell it to other interested parties, including other 'emirates' and Oman. Squabbles over pricing have beset the deal since it was signed in 2001.
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Jonathan Sheikh-Miller, Deputy EditorMonday, September 17 - 2007 at 06:40 UAE local time (GMT+4)
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