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- Iran FM warns US against ‘serious miscalculation’ in Persian Gulf
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- Iran in reverse brain drain as top students come home in rising numbers
- Iran official calls for compensation for tanker seizure
- Iran hails N Korea for standing against ‘unilateral’ US demands
- Shia Muslims celebrate Eid Al-Ghadir
- North Korea praises Iran’s anti-US struggle
- Zarif says to meet French president Friday
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- Iran, Finland share views on Persian Gulf dialogue forum: Zarif
- Iran warns US against seizure of oil tanker
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- Leader grants clemency to over 1,000 Iranian inmates
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- Iran, Iraq agree to reopen Khosravi border crossing
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- Zarif meets with Iran-Kuwait Friendship Group members
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- ‘Iran to stay in nuclear deal as long as its interests are met’
- India envoy happy with positive trend of trade with Iran
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- Iranian scientist discovers new state of matter
- Iran, Japan diplomats discuss bilateral ties
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- US threatens visa ban as Iranian-operated tanker sets to sail from Gibraltar
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- Gibraltar releases Iran-operated tanker despite US pressure
TEHRAN, May 23 - British oil company BP says it has halted work on a gas field which it co-owns with National Iranian Oil Company (NIOC) in the North Sea, citing US plans to reimpose sanctions on the Islamic Republic.
TEHRAN, Young Journalists Club (YJC) - NIOC owns 50% of the Rhum field northeast of Aberdeen and BP holds the other half, which it plans to sell to UK-listed producer Serica Energy.
“BP has decided to defer some planned work on the Rhum gas field in the North Sea while we seek clarity on the potential impact on the field of recent US government decisions regarding Iran,” the company said in a statement on Tuesday.
Current operations at Rhum such as provisions of goods, services and support by “certain US persons” are carried out under a US license which is due to expire at the end of September.
Serica said it expected those operations to be affected by US sanctions, “in particular, the new sanctions regime announced by the US government on 8 May.”
Source: Press TV
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