South Africa hopes to restore energy ties with Iran

South Africa hopes to restore energy ties with Iran, its energy minister said Sunday, according to Iran’s Shana news agency, three years after international sanctions halted oil trade between the two countries.

“South Africa is aiming for a framework of cooperation with Iran regarding crude oil, LNG, LPG, gas and petrochemicals,” Tina Joemat-Pettersson was quoted as saying by Shana during a visit to Tehran.

“South Africa’s private sector can invest in various parts of Iran’s oil industry,” she added.

via ynetnews.com

Source: http://www.ynetnews.com/articles/0,7340,L-4653174,00.html

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