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10/7/07

AFP: Iran says oilfields 'too attractive' for France to quit

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Iran says oilfields 'too attractive' for France to quit

Iran on Saturday rejected the possibility of a French investors' pullout of its oil and gas sector amid calls by Paris for tougher sanctions on Tehran over its nuclear programme, the ISNA news agency reported. "Iran's resources and market are too attractive for the French to give up," deputy oil minister Gholam Hossein Nozari said.

France has called for European sanctions against Iran for its refusal to suspend uranium enrichment, which could be used to make atomic weapons.

It wants European firms not to bid for new business in Iran and for financial institutions to scale back investments, in a drive to pressure Tehran parallel to UN Security Council sanctions.

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