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US Disappointed With China In Iran Oil Field Deal

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Purveyor Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-11-07 11:00 AM
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US Disappointed With China In Iran Oil Field Deal
WASHINGTON, Dec 10 (Reuters) - The United States on Monday said it was disappointed that a Chinese energy company signed an agreement to develop a huge Iranian oil field and that the project would undermine international efforts to pressure Tehran to give up its nuclear program.

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"We're deeply disappointed and disturbed at the reports (of the deal), and we'll be making this clear to the Chinese authorities," said U.S. State Department spokesman Jessica Simon.

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"Major new deals with Iran, particularly ones like these involving investment in oil and gas, really undermine international efforts to pressure the Iranians to comply with obligations already in place under the U.N. Security Council resolutions" to stop Tehran's nuclear program, Simon said.

She would not say whether the State Department would review the deal to see if it violates the U.S.-imposed Iran Sanctions Act, which seeks to punish foreign companies that invest more than $20 million a year in Iran's energy sector.

"We're not going to comment on possible future decisions regarding ISA sanctions, but have repeatedly made China aware of the Iran Sanctions Act," she said. "And we'll be looking closely at the facts of the case."

---EOE---

http://www.reuters.com:80/article/companyNewsAndPR/idUSN1044707120071210
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LakeSamish706 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-11-07 11:03 AM
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1. And I really guess that the Chinese will really give a rats ass! n/t
Edited on Tue Dec-11-07 11:03 AM by LakeSamish706
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LakeSamish706 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-11-07 11:14 AM
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2. Actually this is probably a very good thing as well... The US will think twice...
before launching an attack on Iran with a contingent of Chinese workers in the Country. Can you imagine the fallout if any of the Chinese citizens were killed by American bombs in such an attack?
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