Iran wants to store OIL in Sines, Portuguese port.
The news was officially reported by "Diário Económico", one of the most prestigious news papers in Portugal: Iran admits to make GALP (Portuguese company) one they European partners. Also on the table of negotiations, they say "is the chance that GALP explores natural gas and oil in Iran". A story we will try to develop later here on this blog.
For more information, please read: http://news.morningstar.com/newsnet/ViewNews.aspx?article=/DJ/200801230953DOWJONESDJONLINE000709_univ.xml
Comments
Certainly good news for Portugal and Iran but I guess US and Russia won't rejoice this patnership.
Not so sure about "good news" when it comes to Portugal. Galp CEO is not the only portuguese on earth:)
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