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After the Deal: Corporations Line Up to do Business in Iran

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ZVUGKTUBM

ZVUGKTUBM

Shell, Total get first foreign gas stations in Iran

http://www.pennenergy.com/articles/pennenergy/2015/10/energy-company-news-shell-total-get-first-foreign-gas-stations-in-iran.html?cmpid=EnlDailyPetroOctober52015&eid=288268884&bid=1192962

TEHRAN, Iran (AP) — Iran's state TV is reporting that Royal Dutch Shell and France's Total will be the first foreign energy companies to be allowed to operate gasoline stations inside Iran.

The Press TV English-language channel quotes the head of Iran's filling stations union, Bijan Haj Mohammadreza, as saying 100 new licenses have been issued to each company.

Until now, the only retail service stations belonged to the National Iranian Oil Products Distribution Company.

The agreement comes after Iran and world powers reached a deal in July that curbs the Persian country's disputed nuclear program in return for the lifting of international economic sanctions.



The GOP 2016 hopefuls can promise to rip-up the Iran deal if elected all they want. The rest of the world will simply mock them. Iran is open for business, and the EU, Russia, and China are ready to get in.

Posturing by silly U.S. politicians and the petulant Israeli PM will be ignored. Israel and its PM do not command much respect in the world at large.

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