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To: DoctorZIn

Iran Has Not Received Requests for Crude by U.S. Companies

TEHRAN June 4 (MNA) -–

The general director of National Iranian Oil Company (NIOC) in international affairs announced that the company has not received any requests from American oil companies to buy Iran’s crude.

Hojatollah Ghanimifard denied here on Friday the recent news spread by some media regarding the sale of crude oil to American companies Chevron and Coastal.

He noted that the source of the rumors is the news reflected by Virginia University’s site, which is merely a research and unrelated to crude oil purchase.

He went on to say that no request has yet been received from American companies to buy Iran’s crude, adding that there is no urge to sell oil to American companies until the Americans resolve the problems in this regard.

Commenting on the obstacles of oil deals, he said that the sanctions imposed by U.S. against some oil-producing companies in the 1990s and before that, resulted in the lack of sufficient investment in oil sectors of these countries and presumably the oil market face crisis due to oil shortfall in some periods of time.

http://www.mehrnews.com/wfNewsDetails_en.aspx?NewsID=84171&t=Economic


15 posted on 06/04/2004 9:35:42 AM PDT by DoctorZIn (Until they are Free, "We shall all be Iranians!")
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To: DoctorZIn

As a new reader of your thread, I want to thank you for helping educate me and others as to what is actually occurring in Iran. My prayers go out for the suppressed and tortured Iranians whose only crime is desiring to live in freedom. And my prayers are also that President Bush will be re-elected....for the sake of us all.


16 posted on 06/04/2004 11:43:57 AM PDT by trustandhope
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