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Syria-Lebanon-Iran
Iran halts its South Pars gas field developments
2010-07-17
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

#2  As a consolation, they've cut back on gas, but maintained funding for terrorism.
Posted by: miscellaneous   2010-07-17 10:56  

#1  Man, that oppressive shit is deh suck ain't it? Still you got them whirly things going for ya. That's something.
Posted by: Shipman   2010-07-17 10:47  

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