German company says sanctions opened Iranian energy doors


German company says sanctions opened Iranian energy doors

A German industrial equipment company said it was set firmly in the Iranian oil and gas sector because of the easing of economic sanctions.

Iran secured relief from some economic sanctions after implementation with a multilateral nuclear deal was confirmed in January 2016. A report this week from RBC Capital Markets found consumption of Iranian oil from key markets like the European Union, China and India are near the levels they were before tighter sanctions were enacted in 2011. Read More…

 

Credit By : UPI

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