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    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

    Making Life Harder For Afghans

    Making Life Harder For Afghans

    Iran and US are Talking But About Just What?

    Iran and US are Talking But About Just What?

    New Species Of Praying Mantis Found Playing Dead in Desert

    New Species Of Praying Mantis Found Playing Dead in Desert

    Gen. Naqdi Says The End is Near

    Gen. Naqdi Says The End is Near

    Rial Passes 1 Million Mark

    Rial Passes 1 Million Mark

    Trump’s Intel Says Iran Still Not building A Bomb

    Trump’s Intel Says Iran Still Not building A Bomb

    House GOPers Seek to Put all Sanctions in Law so Dem Prez Can’t End Them

    House GOPers Seek to Put all Sanctions in Law so Dem Prez Can’t End Them

    Farah’s Museum Puts Picasso Work on Display

    Farah’s Museum Puts Picasso Work on Display

  • Diaspora
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    Opec Pumps More Crude, Just When Its Not Needed

    Opec Pumps More Crude, Just When Its Not Needed

    Lithium Deposits Being Hyped By Some in Iran

    Lithium Deposits Being Hyped By Some in Iran

    Despite Trump, Iran Sells China More Oil

    Despite Trump, Iran Sells China More Oil

    Despite Revolutionary Goals, Iran’s Exports Still Mostly Oil-Based

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    The Oil Patch

    The Oil Patch

    Iran Wealth Flees Country via Cryptocurrencies

    Iran Wealth Flees Country via Cryptocurrencies

    Gov’t Signs Huge Contracts to Push More Gas out of South Pars Gasfield

    Gov’t Signs Huge Contracts to Push More Gas out of South Pars Gasfield

    Rial Hits New Low of 949,000, but Stops Falling

    Rial Hits New Low of 949,000, but Stops Falling

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    Drone Attack That Killed 3 US Troops in Jordan Could Have Been Foiled

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    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Subsidized Currency Stays

    Crypto Crackdown Seen as Fueling Rial Collapse

    Iran no Longer Advances Clocks at Now Ruz

    Iran no Longer Advances Clocks at Now Ruz

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    • baygani
    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

    Making Life Harder For Afghans

    Making Life Harder For Afghans

    Iran and US are Talking But About Just What?

    Iran and US are Talking But About Just What?

    New Species Of Praying Mantis Found Playing Dead in Desert

    New Species Of Praying Mantis Found Playing Dead in Desert

    Gen. Naqdi Says The End is Near

    Gen. Naqdi Says The End is Near

    Rial Passes 1 Million Mark

    Rial Passes 1 Million Mark

    Trump’s Intel Says Iran Still Not building A Bomb

    Trump’s Intel Says Iran Still Not building A Bomb

    House GOPers Seek to Put all Sanctions in Law so Dem Prez Can’t End Them

    House GOPers Seek to Put all Sanctions in Law so Dem Prez Can’t End Them

    Farah’s Museum Puts Picasso Work on Display

    Farah’s Museum Puts Picasso Work on Display

  • Diaspora
  • Economy
    Opec Pumps More Crude, Just When Its Not Needed

    Opec Pumps More Crude, Just When Its Not Needed

    Lithium Deposits Being Hyped By Some in Iran

    Lithium Deposits Being Hyped By Some in Iran

    Despite Trump, Iran Sells China More Oil

    Despite Trump, Iran Sells China More Oil

    Despite Revolutionary Goals, Iran’s Exports Still Mostly Oil-Based

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    The Oil Patch

    The Oil Patch

    Iran Wealth Flees Country via Cryptocurrencies

    Iran Wealth Flees Country via Cryptocurrencies

    Gov’t Signs Huge Contracts to Push More Gas out of South Pars Gasfield

    Gov’t Signs Huge Contracts to Push More Gas out of South Pars Gasfield

    Rial Hits New Low of 949,000, but Stops Falling

    Rial Hits New Low of 949,000, but Stops Falling

  • Tidbits and Morsels
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    Drone Attack That Killed 3 US Troops in Jordan Could Have Been Foiled

    Iranian-Canadians Reportedly Turned Away at US Border

    Iranian-Americans: an Account of Integration and Achievement

    Jamshid Myth

    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Subsidized Currency Stays

    Crypto Crackdown Seen as Fueling Rial Collapse

    Iran no Longer Advances Clocks at Now Ruz

    Iran no Longer Advances Clocks at Now Ruz

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Regime kicks out Malaysian film

Very few foreign firms apart from Chinese companies remain in Iran’s fossil fuel operations.

Like many firms, SKS had tried to keep something going in Iran without plunking down any capital, hoping the nuclear issue would be solved and normal business could be resumed.  As with other firms that have done that, the National Iranian Oil Co. finally pulled the plug and has now booted SKS out of its contract.

SKS signed the contract four years ago to develop the Golshan and Ferdowsi gasfields.  The December 2007 contract was said to be worth $16 billion.  Little if anything has been done on those projects.

Musa Suri, managing director of the state-owned Pars Oil and Gas Co., said last week that a tender will soon be issued to transfer the jobs to domestic firms with work slated to start by March 2013.

Suri did not say where the required capital would come from.

Previous Post

The Oil Patch

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Regime buying gold by the ton from Turkey

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