Shell Begins Repaying Debts to Iran
Feb 17th, 2016
by John Donovan.

By BENOIT FAUCON: Feb. 17, 2016
Royal Dutch Shell PLC said Wednesday it had started the process of repaying $2 billion in oil-related debts owed to Iran, easing a key hurdle to doing business there now that western sanctions have been lifted.
“Following the lifting of applicable EU and U.S. sanctions, we can confirm that the process for paying Shell’s outstanding debt to [state-run National Iranian Oil Co.] has started,” the Shell spokesman said.
FULL ARTICLE
Like this:
Like Loading...
royaldutchshellplc.com and its sister websites
royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are all owned by
John Donovan. There is also a
Wikipedia article.
Posted in: Iran, Oil, Royal Dutch Shell Plc, Shell.
Tagged: Iran · Oil · Royal Dutch Shell Plc · Shell
0 Comments on “Shell Begins Repaying Debts to Iran”
Leave a Comment