An Iranian works at an oil facility in the Khark Island, on the shore of the Gulf. AFP
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Egypt and Gulf Arab crude producers have yet to let Saudi Arabia's regional rival Iran resume oil shipments through a pipeline they operate to supply customers in Europe and the Mediterranean Sea region, more than a month after international sanctions against Iran were lifted.The operator is seeking to ensure Iran complies with sanctions regulations before resuming oil shipments halted since August 2012, said the official, who asked not to be identified, citing company policy.State-run Saudi Arabian Oil Co., known as Aramco, owns 15 percent of the link; International Petroleum Investment Co. of the UAE, 15 percent; three Kuwaiti companies, 15 percent; and Qatar Petroleum, 5 percent, according to SuMed's official website.
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