AME Info, Abu Dhabi, United Arab Emirates, oil and gas briefs column

AME Info, Abu Dhabi, United Arab Emirates, oil and gas briefs column: "Iran is set to cancel a $1.19bn contract signed last year with German firm Linde and South Korea's Hyundai to build two ethane crackers, according to a statement on its Oil Ministry web site. National Iranian Petrochemical Company MD Asghar Ebrahim says $320m will be saved by using domestic contractors."