Who extract Oil in Iran? Business and UN sanction together

I like geopolitic and i am following carefully iran issues.

I went to National Iranian Oil Company website and have seen “Exploration & Production” section where are listed all the companies and their country of origin that are allowed to make Exploration of oil in Iran.

On that list we find the list of countries along with the data of signing of exploration agreement:

  • Norway/Russia (2000)
  • Australia/Spain/Chile (2001)
  • India (2002)
  • China (2001)
  • Brazil (2004)
  • Spain (2004)
  • Thailand (2005)
  • China x 2 (2005)
  • Norway (2006)
  • Italy (2008)
  • Vietnam (2008)

Those countries’s oil companies are allowed to do oil extraction in Iran and i would like to point out that Iran is the 2nd world Oil Reserve just after Saudi Arabia.

As you can see there’s NO USA company doing extraction.

Of European Countries the only one doing business with IRAN are:

IRAN Norway Relationship

IRAN ITALY Relationship

IRAN SPAIN Relationship

While of the well known non-US-simpatizing countries, the one doing Oil business with Iran are:

IRAN RUSSIA Relationship

IRAN BRAZIL Relationship

IRAN China Relationship

Don’t missing some Asian involvement.

IRAN India Relationship

IRAN Vietnam Relationship

As you can see Iran is doing Oil business with most big south America and Far Asia countries, with some little exception in Europe for what apply to Norway, Italy and Spain.

To me it sounds that those European countries are going to face serious trouble whether they will accept and subscribe UN sanction against Iran.

Or some of them, like Italy, are protected by the strenghtening cooperation they are doing with Russia on Energy matters?

Well, i don’t know how things will end up, but it’s possible the most hypocrit countries like the European ones doing business in Iran while applying Sanctions will be the only European winning in the international competition for Iran Oil (Unless France did not drop a nuclear bomb on theran ;) ).

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