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BP halts work on North Sea gas field due to reintroduction of US sanctions on Iran

22/05/2018

BP has had to stop work on one of its North Sea gas fields due to the reintroduction of US sanctions on Iran in the wake of Donald Trump’s decision to withdraw the US from the Iran nuclear deal.

BP owns 50 per cent of the Rhum gas field, while the Iranian Oil Company holds the other half.

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