Exclusive: China curbs Iran energy work
Reuters / Chen Aizhu and Chris Buckley
02-Sep-2011 (2 comments)

BEIJING (Reuters) - China has put the brakes on oil and gas investments in Iran, drawing ire from Tehran over a pullback that officials and executives said reflected Beijing's efforts to appease Washington and avoid U.S. sanctions on its big energy firms.

The stakes are high for OPEC's second-largest producer, as China is one of the only powers on the international political stage capable of providing the billions of dollars of investment Tehran needs to maintain the capacity of its strategic oil sector.

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Rea

Its not really up to Americans

by Rea on Fri Sep 02, 2011 12:23 PM PDT

...... to decide how and where Chinese are to spend their money.

Not that I know much about the energy sector but how are Chinese oil and gas investments related to a presumed Iranian nuclear threat ? 

Shall I go back to the kitchen ? ;o)


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Anahid Hojjati

Very important news. Thanks yolanda.

by Anahid Hojjati on Fri Sep 02, 2011 11:12 AM PDT

Thanks for sharing this important news.


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