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Iran sanctions lifted: Brace for oil shakeup

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The upside to this is there is going to be plenty of work there for the EPC companies

"Analysts expect Iran to add between 600,000 and one million barrels per day to its oil output, but the country's leaders are much more bullish."

http://money.cnn.com/2016/01/16/investing/iran-sanctions-lift-oil/index.html?utm_content=buffera4f65&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer

Trust a Moodys writer to talk it up as usual.

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There is going to be a lot of mainly downstream projects and the EPC companies, including the one I work for have been on the starting blocks waiting on the lifting of sanctions.

No job for you.... unless you are Russian or Chinese ...Western companies don't have a sniff !!

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