IRAN: Despite Sanctions, Business Ss Usual

From L.A. Times Blogs:

A South Korean firm announced Sunday that it had completed construction of a $2.1-billion natural-gas processing plant in Iran, the latest sign that years of Western efforts to isolate Iran economically were not not having a huge effect.

South Korea's GS Engineering & Construction Co., the country's No. 2 builder, said Sunday it had finished the plant in Assaluyeh, in southern Iran, according to South Korea's official Yonhap news agency.

The company began construction of the plant in 2003. It will be able to produce 19 million tons of natural gas a year.

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My Comment: When there is a will, there is a way. When it comes to doing business with Iran, there is a lot of will .... and definitely a lot of way.

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