UANI Applauds Inpex for Ending its Business in Iran
FOR IMMEDIATE RELEASE
October 15, 2010
Contact: Kimmie Lipscomb, [email protected]
Phone: (212) 554-3296
UANI Applauds Inpex for Ending its Business in Iran
New
York, NY - United Against Nuclear Iran (UANI)
applauds the Japanese oil company Inpex for ending its
business in Iran.
Inpex, today, announced that it was withdrawing from Iran's
Azadegan oil field project in response to U.S. sanctions.
Responding to the decision, UANI President, Ambassador Mark D. Wallace,
said:
UANI has been at the forefront of the campaign to pressure companies to
end
their business in Iran. UANI maintains on its website
the Iran Business
Registry (IBR), a list of companies that have been
reported to do
business in Iran. On January 12, 2010, UANI launched
the "Iran Disclosure Project," an
initiative to identify publicly-traded companies that have business
dealings in
Iran and ensure that such companies adequately inform investors of the
legal
and financial peril associated with such dealings. Through
the Iran
Disclosure Project, UANI has targeted such companies as Royal Dutch
Shell, Caterpillar,
Ingersoll Rand, KPMG, Nokia and Honeywell to disclose the full extent
of their
business in Iran.
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