U.S. Urges China To Reconsider Oil Deal With Iran

The United States has urged China to reconsider a $16 billion deal with Iran on the development of oil and gas fields.

A spokeswoman for the U.S. Embassy in Beijing said the United States had raised its concerns with the Chinese government over the memorandum of understanding signed last month between Iran and the China National Offshore Oil Corp.

The deal was signed shortly before the UN Security Council, including permanent member China, voted last month to impose limited economic sanctions on Iran over its nuclear program.

Copyright (c) 2006. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036. www.rferl.org

Pictures for this story
Development work at Iran's South Pars gas field