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Iran Ready to Swallow $4 Billion

International companies should expect Iran to finalize...

Iran Ready to Swallow $4 Billion

International companies should expect Iran to finalize two LNG deals by the end of this month, according to a senior Iranian energy official.

The first deal is a joint venture between Persian LNG, and Royal Dutch/Shell and Spain's Repsol, and is valued between $3-4 billion.

The other deal involves the British Gas (BG) Group, and is valued around $1 billion.

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