Iran may cut oil to other European firms

Oil Minister Rostam Ghasemi said on Tuesday Iran is consedering cutting oil flow to some other European firms. He was talking to reporters on the sidelines of a ceremony to sign a contract between the Continental Shelf Company and MAPNA on development of Frouz-B gas field. Answering a question weather there are other firms other than French and British oil companies to be deprived of Iranian crude oil, Ghasemi said Iran is still mulling the case. He said, if other countries do not announce their decision on their oil contracts with Iran, they may face oil cut from Iran. “Iran has no problem with its oil export because many countries are willing to import Iranian crude,“ the minister said.