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WorldPosted at: Feb 6 2017 3:02PM


Iran says US sanctions stop American oil firms taking part in projects

DUBAI, Feb 6 (Reuters) Iran has imposed no restrictions on US oil firms willing to participate in energy projects in the country but American sanctions make such cooperation impossible, Iran's deputy oil minister said today.
"Iran has not imposed any restrictions on the U.S. companies, but they cannot participate in our (oil and gas) tenders due to the US laws," Amir Hossein Zamaninia, deputy oil minister for trade and international affairs, was quoted as saying by state news agency IRNA.
"Based on the US Congress sanctions, the American oil companies cannot work in Iran," he added.
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