VOL. XL

No. 42

20-October-1997

IRAN

Possible Sanctions Against Total/Gazprom Still Rate As Live Issue In Washington

Despite media reports earlier this month to the effect that the US administration hadvirtually decided to back away from imposing sanctions on France's Total, and its partnersRussia's Gazprom and Malaysia's Petronas, in retaliation for their involvement in a $2bngas development deal in Iran, it now appears that in reality the situation is a good dealmore complex and that the...