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US Sanctions Against Iran To Alarm Azerbaijan

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  • US Sanctions Against Iran To Alarm Azerbaijan

    US SANCTIONS AGAINST IRAN TO ALARM AZERBAIJAN

    Panorama.am
    15:57 29/01/2010

    The US Senate has backed legislation allowing President Barack Obama
    to extend sanctions against Iran. The new sanctions would target
    those who export fuel to Iran. The Senate bill targets non-Iranian
    companies that export fuel to Iran or help expand Tehran's oil refining
    capacities by denying them US loans and other financial assistance.
    Azerbaijan~Rs state oil company (SOCAR) is deeply alarmed by the bill
    as Azerbaijan has provided gas to Iran in the previous year and the
    sides have agreements to cooperate in 2010 also.
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