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US to monitor energy accords between Iran, Venezuela

11/01/2010
Eric WatkinsOil Diplomacy EditorThe US Department of State said it will closely monitor recent energy agreements between Venezuela and Iran to ensure that they do not violate international sanctions."We will watch to see if any of these deals…constitute a violation of the Security Council resolutions and sanctions against Iran," said DOS spokesman Philip Crowley.DOS's announcement came after Venezuelan President Hugo Chavez, on a visit to Iran, signed a number of agreements focused on energy cooperation with his Iranian counterpart, Mahmoud Ahmadinejad. Among the agreements signed were pacts for the formation of a joint oil shipping company, joint construction of petroche...
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