Sonangol
Angola 
Date: December 2009 – Unknown
Deal: According to Iran's Press TV, in December 2009, the director of Iran's National Oil Company (NIOC), Seifollah Jashnsaz, announced that Angola's national oil company, Sonangol, was offered a 20 percent share in the development of phase 12 of Iran's South Pars gas project. Phase 12, which is slated to produce 3 billion cubic feet of gas per day, will cost $7.5 billion to develop. Indian firms Oil and Natural Gas Corp (ONGC) and Hinduja will share 40 percent of the project, while Naftiran Inter-Trade Company, a NIOC subsidiary, will hold the remaining 40 percent (Press TV (Iran), December 2, 2009).
U.S. Business Ties: According to USASpending.gov, in 2004, Sonangol received a contract valued at $5,000 from the U.S. Department of State (USASpending.gov, Accessed August 17, 2010).