Saturday, May 17 - 2008

US demands review of Swiss-Iran contract

Iran: Tuesday, April 01 - 2008 at 07:16

The US is demanding that it be allowed to review a Swiss contract for natural gas supplies from Iran to see whether it violates American sanctions against Tehran, reported AP. A posting on the US Embassy website on Sunday raises the question of whether neutral Switzerland's position as representative of American interests in Iran and Cuba could be affected. The 25-year contract, worth between $28bn and $42bn, is between Swiss energy trading company EGL and the state-owned National Iranian Gas Export Company.

Jeff  Florian Jeff Florian, Senior Reporter
Tuesday, April 01 - 2008 at 07:16 UAE local time (GMT+4)

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