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Croatian INA withdraws from Iran's Moghan-2 oil project
- Iran: Thursday, May 09 - 2013 at 01:12
Croatian oil and gas firm INA has decided to withdraw from a project for developing an oil block in Iran, due to "problems related to foreign currency exchange," Mehr news has reported. INA signed a $141m deal in April 2008 with the National Iranian Oil Co (NIOC) to discover new hydrocarbon reserves at the Moghan-2 block.
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