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Saturday, 01 August 2015 - 13:20
EU lifts sanctions on two Iranian oil producers
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The European Union has removed two Iranian oil companies from its sanctions list, the first such action since Iran reached a nuclear agreement with world powers earlier this month.

Petropars Operation and Management and Petropars Resources Engineering had argued there was insufficient evidence to include them.

The companies are part of a group involved in extracting natural gas from Iran's South Pars field.
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