Total to end Iran fuel sale if US passes sanctions

Total was currently delivering only small amounts of fuel to the Islamic republic

Total to end Iran fuel sale if US passes sanctions


Total's Chief Executive Christophe de Margerie said on Monday the European oil major will cease gasoline sales to Iran if the United States passed legislation to penalise fuel suppliers exporting to Tehran.

Total was currently delivering only small amounts of fuel to the Islamic republic, he told reporters on the sidelines of an industry conference.

He also said Total was in talks with Kuwait over developing a joint-venture refinery and petrochemical plant in China.

Margerie said the political situation in Iraq at present had not slowed down work on the Halfaya oilfield project.

Reuters
 

Last Mod: 26 Nisan 2010, 11:34
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