Sofregaz

Energy
France

[email protected]

"French company, Sofregaz, has been fined $10 million for failing to implement a gas project in Iran. An international court in France has voted that the French company should pay $10 million to Iran for failing to meet its contractual obligations in establishing a gas storage facility in the country, Iran’s IRNA news agency reported on Sept. 17. Sofregaz had signed a contract to establish Yurtsha gas storage facility in Iran’s central city of Varamin." (Trend, "French Company Fined $10M for Failing to Implement Gas Project in Iran," 9/17/14)