Middle East Economic Survey
VOL. LIV
No 15
8-Apr-2011
IRAN
US Targets Belarusneft For Investment In Jufeyr Development
The US Department of State announced on 29 March that it would implement the provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act (CISADA) against Belarusian state oil and gas company Belarusneft for exceeding the $20mn/year investment level set for any non-US company to invest in Iran. Belarusneft has a 50% interest in the BelPars joint venture...
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