LUKOIL to work in Iran after removal of sanctions

Published: 29 Oct 2013 in 15:53 (UTC+3 MSK)

Gati Saadi al-Jebuti, Vice President of LUKOIL Overseas, said that the company will consider the realization of petroleum projects in Iran as soon as sanctions against the country are lifted, ITAR-TASS reports.LUKOIL was working at the Anaran Block in 2003-2010. It had to abandon the project as soon as the sanctions were imposed. Diesel fuel and gasoline shipments to Iran stopped in 2010 as well.

Gati Saadi al-Jebuti, Vice President of LUKOIL Overseas, said that the company will consider the realization of petroleum projects in Iran as soon as sanctions against the country are lifted, ITAR-TASS reports.

LUKOIL was working at the Anaran Block in 2003-2010. It had to abandon the project as soon as the sanctions were imposed. Diesel fuel and gasoline shipments to Iran stopped in 2010 as well.