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April 29, 2014       Share:    

Source: https://www.google.com/search?hl=en&gl=us&tbm=nws&authuser=0&q=%22Iran+Cancels+%242.5+Billion+Contract+With+Chinese+Oil+Company%22&oq=%22Iran+Cancels+%242.5+Billion+Contract+With+Chinese+Oil+Company%22&gs_l=news-cc.1.0.43j43i53.2875.4332.0.5832.3.2.0.1.0.0.164.323.0j2.2.0...0.0...1ac.1.aoAIUcMeJfw

Iran Cancels $2.5 Billion Contract with Chinese Oil Company

(Wall Street Journal) Benoit Faucon - Tehran said Tuesday it was canceling a $2.5 billion deal with China National Petroleum Corp. for the development of a giant Iranian oil field. China had stepped in after Western oil companies pulled out of Iran following a European ban on investing in the Islamic Republic.

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