(EnergyAsia, September 2 2010, Thursday) — The UAE’s Crescent Petroleum has disputed reports that its long-term agreement to purchase natural gas from National Iranian Oil Company (NIOC) has been rescinded. The deal remains in force as neither party has cancelled it, with an international arbitration going on, according to a Crescent Petroleum spokesman. The two…
IRAN: UAE’s Crescent insists gas deal with NIOC remains in force
Posted on September 1, 2010 by EnergyAsia