09.03.2005, 14:26
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Zitat:Halliburton-Iran cooperating despite sanctions
LONDON, March 9 (IranMania) - Halliburton Co in January won a contract to drill at a huge Iranian gas field called South Pars--which an Iranian government spokesman said ’served the interests’ of Iran--despite US sanctions strictly restricting US companies from doing business there, NBC News reported.
Halliburton says the operation, which was videotaped by NBC News, is entirely legal. It is run by a subsidiary called Halliburton Products and Services Ltd., based outside the US. In fact, the law allows foreign subsidiaries of US corporations to do business in Iran under strict conditions, the report noted.
Other US oil services companies, like Weatherford and Baker Hughes, also are in Iran, according to the report. And foreign subsidiaries of NBC’s parent company, General Electric Co., have sold equipment to Iran, though the company says it will make no more sales.
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