Iran General NewsMalaysia Petronas keen on Iran, posts record profit

Malaysia Petronas keen on Iran, posts record profit

-

Reuters: Malaysian state-oil-firm Petroliam Nasional (Petronas) is still interested in investing in Iran although it is assessing its involvement in the Pars LNG project due to rising costs, Chief Executive Officer Hassan Marican said.

KUALA LUMPUR, July 15 (Reuters) – Malaysian state-oil-firm Petroliam Nasional (Petronas) is still interested in investing in Iran although it is assessing its involvement in the Pars LNG project due to rising costs, Chief Executive Officer Hassan Marican said.

Petronas posted a net profit of $18.1 billion for the 2007/2008 year compared with $12.9 billion a year ago, Hassan said. (Reporting by Faisal Aziz)

Latest news

Amnesty International Calls Halting the Death Sentence of Toomaj Salehi

On Thursday, May 17, Amnesty International sent a letter to the head of the Iranian regime’s judiciary, calling for...

Around 6 Workers Die of Safety Incidents Every Day in Iran

Ali Ziaei, the head of the Crime Scene Investigation Group at the Iranian Forensics Organization, reported the deaths of...

Air Pollution Kills 26,000 People in Iran Every Year: Head of Environment Organization

Ali Salajegheh, the head of the Environmental Protection Organization admitted in a conference in Kerman on Monday, May 13...

Australia Sanctions Iranian Regime Navy and IRGC Commanders

On Tuesday, May 15, the Australian Government imposed targeted sanctions on five Iranian individuals and three entities, in response...

Iranian Regime Sabotage Plot Neutralized in Jordan

According to informed Jordanian sources, security authorities thwarted a suspicious plot led by the Iranian regime to smuggle weapons...

Iran Facing Infant Formula Scarcity Again

Iranian media have reported a new increase in the price of infant formula and announced that this trend has...

Must read

British lawmakers announce support for Iran opposition group

Iran Focus: London, Dec. 13 – Several hundred British...

Iraq discovers explosives cache on Iran border

Iran Focus: Baghdad, Nov. 25 – Iraqi police uncovered...

You might also likeRELATED
Recommended to you

Exit mobile version