Where am I?
Home > Chronicles > World > Asia
Saturday, November 21 2009 23:44h
IRAN-FRANCE/ENERGY
France Can`t Ignore Iran Energy Deals - Iran
France Can`t Ignore Iran Energy Deals - Iran President Mahmoud Ahmadinejad said Iran could review economic ties with France because of remarks by French officials.
 
TEXT
Published: October 06, 2007 18:06h
The Newest Articles
Iran's oil minister on Saturday brushed aside calls by Paris for French firms to avoid Iranian energy deals, saying the world's fourth largest oil producer was too attractive for them to ignore, a news agency reported.

France, which has been taking a leading role in calling for more sanctions to isolate Iran over its nuclear ambitions, has urged energy companies Total and Gaz de France to refrain from investing in the OPEC member.

"Iran's (energy) reserves and its market are too attractive for the French to give up," caretaker Oil Minister Gholamhossein Nozari was quoted by Iran's student news agency ISNA as saying.

Iran has the second largest gas reserves after Russia and the second biggest oil reserves after Saudi Arabia.

Total is considering investing in a multi-billion-dollar gas project in Iran but says a decision is still some way off. It has cited spiralling costs and geopolitical concerns.

In remarks cited by state radio last month, President Mahmoud Ahmadinejad said Iran could review economic ties with France because of remarks by French officials that have included pointing to a possible war over Iran's atomic plans.

Iran insists it wants to master nuclear technology so that it can make the fuel for nuclear power stations but Western powers say this is a smokescreen for a military programme.

France has urged the European Union to consider sanctions outside the United Nations framework.

Several big French firms, including carmaker Renault, have business dealings and investments in Iran.

Related Articles
ADS
PUTIN BACKS MEDVEDEV

Putin also for Russian modernisation

Russian Prime Minister Vladimir Putin on Saturday strongly backed President Dmitry Medvedev's...
EGYPT-ALGERIA DISPUTE

Mubarak's son weighs in on Egypt-Algeria dispute

The play-off came after Egypt defeated Algeria by two goals in Cairo on Saturday.
KNOX'S TRIAL TAKES PLACE

Emotion as life term sought for student in Italy

Kercher, Knox's housemate, died from knife wounds to the neck in what the prosecution...
BROWN VISITED FLOODED AREAS

British PM visits scene of massive floods

Brown met flooded-out residents in Cockermouth, northwest England, and emergency services...
4 PILGRIMS DIED BEFORE HAJJ

Saudi reports 4 pilgrim deaths from swine flu

Moroccan woman, a Sudanese man and an Indian man, all aged 75, along with 17-year-old...
HUMAN FAT

Peru accuses four of murder, selling human fat

The fat was purchased - to be commercialized in European (cosmetology) laboratories.
TRAFIGURA STILL DIDN'T PAY

Trafigura waste victims waiting for compensation

Oil trading firm Trafigura agreed to pay 33 million euros after caustic soda and petroleum...

ADS








Copyright © 2006-2009 Javno.com   All rights reserved.