Shell praises "wonderful" Iran

The big companies are now trying to win the pristine oil and gas resources in the backyard of the Islamic Republic of Iran.
Photo: Vahid Salemi/AP/POLFOTO
Photo: Vahid Salemi/AP/POLFOTO
BY MAZ PLECHINGER, ENERGIWATCH

For almost a decade, it has been like the oil sector's equivalent to Romeo and Juliet. The big oil companies have looked longingly at Iran's energy reserves, that have been locked in a tower of international sanctions, brought about by the mutual animosity between nations.

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