U.S. Department of State
U.S. Department of State
Other State Department Archive SitesU.S. Department of State
U.S. Department of State
U.S. Department of State
U.S. Department of State
U.S. Department of State
U.S. Department of State
U.S. Department of State
Home Issues & Press Travel & Business Countries Youth & Education Careers About State Video
Taken Questions
Office of the Spokesman
Washington, DC
June 30, 2003
Question Taken at June 30, 2003 Daily Press Briefing

Japan Investment in Iran Oil Field

Question:   Is the United States pressuring Japan not to conclude an agreement to invest in Iran's Azadegan Oil Field?

Answer:   Given our deep concerns about Iran's pursuit of weapons of mass destruction and support for terrorism, we have long had a policy of opposition to investment in Iran's petroleum sector. Moreover, the Iran and Libya Sanctions Act, which provides for sanctions in the case of certain such investments, remains U.S. law.

We would be opposed to such investment at any time, but it is certainly true that given recent revelations about Iran's nuclear programs, and efforts being made through the International Atomic Energy Agency to deal with the threat Iran poses, this would be a particularly unfortunate time to go forward with major new oil and gas deals.

Our concerns about Iranian policies and actions, and about oil and gas investment there, are matters that regularly figure in our diplomatic exchanges. We have no comment on discussions with particular governments.

Released on June 30, 2003

  Back to top

U.S. Department of State
USA.govU.S. Department of StateUpdates  |   Frequent Questions  |   Contact Us  |   Email this Page  |   Subject Index  |   Search
The Office of Electronic Information, Bureau of Public Affairs, manages this site as a portal for information from the U.S. State Department. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein.
About state.gov  |   Privacy Notice  |   FOIA  |   Copyright Information  |   Other U.S. Government Information

Published by the U.S. Department of State Website at http://www.state.gov maintained by the Bureau of Public Affairs.