China Leads In Helping Iran's Energy

WASHINGTON [MENL] -- China has been identified as a leading developer of
Iran's energy sector.
The Government Accountability Office said the state-owned China National
Petroleum Corp. was helping Iran develop energy resources. GAO said the
Beijing-based firm was financing an oil field worth more than $2 billion.
"The China National Petroleum Corp. is reported to be financing 90
percent of the development of the North Azadegan oil field, in an agreement
estimated at more than $2 billion," GAO said.