NCRI

EU sanctions on Iran could close BP gas field – EU

BRUSSELS Oct 26 (Reuters) – European sanctions against Iran are likely to lead to the closure of a Scottish gas field jointly owned by the Islamic Republic and energy giant BP, the European Commission said on Tuesday.

“The UK authorities have informed the Commission that the Iranian sanctions legislation is likely to cause the closure of this field,” a Commission spokesman said when asked about BP’s Rhum field.

 

“This is an intended effect of the legislation, and it shows that the UK authorities are ready to take the difficult decisions that are necessary to make the sanctions effective,” the spokesman added.

A spokesman for BP said the company was waiting to see the details of the legislation and would comply with any new regulations.

Exit mobile version