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Iran halts its South Pars gas field developments
An industrial wing of Iran's elite Revolutionary Guards said on Friday it was pulling out of two development phases related to the giant South Pars gas field in the Gulf."Recently, in an oppressive move by the West, Khatam al-Anbiya has been slapped with sanctions," the industrial group said on its website Khatam.com. "Given the current circumstances, continuing of our work in phases 15 and 16 may endanger the nation's resources. So we and our affiliate companies are pulling out of the consortiums (developing) phases 15 and 16." It did not offer other details. Posted by: Fred 2010-07-17 |
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