Crescent is awaiting response from Iran on new Gas Price

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Wed, Apr 15, 2009
Gas Company News
Post by Melissa Pistilli, Gas Senior Reporter

The United Arab Emirates-based Crescent Petroleum is awaiting a response from Iran’s oil ministry on its proposed price hike on a gas export agreement.

Majid Hamid Jafar, the executive director of Crescent, stated:

The al-Halal oil company has agreed to a price higher than what had been previously announced, and has called on (Iran’s) Oil Ministry to give its opinion on it.

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