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October 28, 2010       Share:    

Source: http://www.washingtonpost.com/wp-dyn/content/article/2010/10/27/AR2010102707782.html

EU Rules Let Iran Import, Export Oil, Gas

(Washington Post) Thomas Erdbrink and Glenn Kessler - The EU issued regulations this week outlining tough restrictions on the sale of equipment and technology to the Iranian oil and gas industry, as well as on investment in those sectors. But the regulations - unlike legislation passed by the U.S. Congress - allow for the import and export of oil and gas to Iran. "We don't want any negative effect on the Iranian population or to deprive them of energy, so we do not follow U.S. measures that go beyond United Nations sanctions," said a European official who specializes in sanction policies.

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