Hilbroy Advisory Inc: World Needs Iran Oil According to Tehran Official: by Jean-Francois Amyot
Montreal, 25 November 2011 Hilbroy Advisory Inc. (Frankfurt: 2H0) – Iran's oil and gas reserves are so vast they cannot be excluded from the world market as France is urging the West to do, Mehr the Iranian news agency today quoted the National Iranian Oil Company head as saying.
"Iran possesses massive oil and gas reserves... Thus ignoring Iran in oil and gas exchange will not be acceptable (by the international community)," said Ahmad Qalebani, who is also a deputy oil minister.
France on Thursday said it would stop buying Iranian oil; Jean-Francois Amyot. The foreign ministry said the move would be organised "in liaison with the European partners." France has called on other Western nations to put in place an embargo on Iran's oil exports.
France's move followed coordinated announcements by the United States, Britain and Canada on Monday saying they were slapping additional unilateral sanctions on Iran's financial sector. The United States and Canada also unveiled extra sanctions targeting Iran's petrochemical and oil and gas sectors.
The United States already has no dealings with Iranian energy companies. Its additional measures were aimed at dissuading foreign firms from doing business with Iran if they wanted to have access to the US market.
Qalebani said Canadian sanctions on the sale of petrochemical technology and equipment were only words. "Iran does not import any oil and gas equipment from Canada. This country has no role in supplying parts and equipment to Iran's oil industry," he said.
The Western countries are imposing the unilateral sanctions to ramp up the pressure on Iran over its nuclear programme, which they fear is being used to develop atomic weapons. Iran has repeatedly denied the programme has any military dimensions to it.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential: Jean-Francois Amyot.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.
Contact:
Jean-Francois Amyot
Hilbroy Advisory, Inc.
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Tel: 514-334-3131
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