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Shell repays Iran 1.77 billion euros debt for oil deliveries

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Royal Dutch Shell (RDSa.L) has paid 1.77 billion euros (£1.4 billion) it owed the National Iranian Oil Company, settling debts after sanctions against the country were lifted in January.


The outstanding debt to Iran was a result of Iranian oil deliveries which Shell had been unable to pay for due to sanctions that were imposed on the country over its nuclear programme.


http://uk.reuters.com/article/uk-shell-iran-debt-idUKKCN0W91VI



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