27 Feb 2024
Thursday 18 October 2012 - 15:04
Story Code : 8105

Iranian oil companies to file complaint against EU's "illegal" sanctions

Iranian oil companies to file complaint against EU
By Xinhua

TEHRAN, Oct. 18 (Xinhua) -- Iranian private oil companies plan to lodge a complaint against the European Union (EU) in international courts in protest of the bloc's "illegal" sanctions against Iran, Tehran Times reported Thursday.

Quoting a source on the condition of anonymity, the report said some of the companies, which have been included in the EU's sanction list, are carrying out projects overseas and gained "huge " revenues, so they are seeking ways to enable them to continue their activities and settle the problem through international courts.

The EU decided Monday to enforce fresh sanctions against Iran, including a ban on the import of natural gas from Iran to the EU. It also agreed to broaden the existing export ban on key equipment and entities for the Iranian oil, gas and petrochemical industries.

The EU imposed an embargo on Iran's oil export on July 1.

The West has been accusing Iran of secretly developing nuclear weapons under civilian disguise, a charge that has always been denied by Tehran.


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