USD 65.9961

0

EUR 73.2227

0

BRENT 58.69

0

AI-92 42.19

-0.01

AI-95 45.96

-0.01

AI-98 51.73

0

Diesel 45.8

-0.01

15

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.