S.Korea's Daelim industrial says $2.08 bln order from Iran cancelled

DL Holdings

01/06/2018 10:03

SEOUL, June 1 (Reuters) - South Korea's Daelim Industrial
 000210.KS  said on Friday that a contract worth 2.23 trillion
won ($2.08 billion) for a refinery project in Iran was
cancelled.
    The order was cancelled as the Esfahan Refinery Upgrading
Project failed to procure financing because of economic
sanctions imposed on Iran, Daelim said in a regulatory filing.
 
($1 = 1,073.1300 won)

 (Reporting by Haejin Choi; Editing by Vyas Mohan)
 ((Haejin.Choi@thomsonreuters.com;))