USD 63.6336

-0.13

EUR 70.9196

-0.25

BRENT 59.45

-0.15

AI-92 42.28

0

AI-95 46.05

+0.01

AI-98 51.7

-0.05

Diesel 46.26

+0.01

26

Swiss Energy Giant EGL Struck a Huge Deal with Iran

Swiss energy giant EGL is likely to sign a 25-year agreement with Iran

Swiss energy giant EGL is likely to sign a 25-year agreement with Iran to buy 5.5 billion cubic meters of Iranian natural gas per year.

Under the agreement, the gas deliveries will start in 2011, for a reported 18 billion euros.

The contract will be the second largest European gas deal, although its cost is not revealed by the Swiss company.