Iran Hopes to Export Electricity to Cover for Reduced Oil Demand
Posted on May 24, 2012 at 11:40 AM EDT
Against the backdrop of discussions about pending negotiations over its controversial nuclear program and the upcoming deadline of an European embargo on Iranian oil comes a quiet push by the Islamic republic to become a major electricity exporter. Tehran had said it was expecting to secure electricity deals with Syria and Lebanon and had somehow attracted an estimated $1 billion to help build new power plants in the country. With some of the largest natural gas reserves in the world, Tehran might be able to shrug off international sanctions by embracing an ambitious … [visit site to read . . . → Read More: Iran Hopes to Export Electricity to Cover for Reduced Oil Demand

Against the backdrop of discussions about pending negotiations over its controversial nuclear program and the upcoming deadline of an European embargo on Iranian oil comes a quiet push by the Islamic republic to become a major electricity exporter. Tehran had said it was expecting to secure electricity deals with Syria and Lebanon and had somehow attracted an estimated $1 billion to help build new power plants in the country. With some of the largest natural gas reserves in the world, Tehran might be able to shrug off international sanctions by embracing an ambitious … [visit site to read more]

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here