UK blocks Iran’s gas revenues over bans

‘Iran says it has been paid for selling natural gas from a field that it jointly owns with BP in the North Sea but the payments cannot be accessed due to sanctions.
Ali Kardor, the managing director of the National Iranian Oil Company (NIOC), was quoted by the media as saying that the revenues obtained from selling Iran’s share of the products of Rhum gas field have been deposited into an overseas NIOC account, stressing however that the same account is currently frozen.
Kardor added that Iran is currently negotiating with Britain to release unfreeze the account which was established at a British bank before the 1979 Islamic Revolution after Iran and BP signed a deal to jointly invest in Rhum field.’
Read more: UK blocks Iran’s gas revenues over bans