EghtesadOnline: China’s top oil and gas company CNPC is considering taking over Total’s stake in a giant Iranian gas project, if the French company leaves Iran to comply with any new US sanctions, industry sources said.
EghtesadOnline: Iranian Oil Minister Bijan Namdar Zanganeh says Total S.A.'s contract with Tehran to develop Phase 11 of the South Pars Gas Field is "legally binding" and the French energy major cannot walk away from the deal under normal circumstances.
EghtesadOnline: Iran says the French energy giant Total - that has won a deal to develop a key gas project in the country - can quit only if forced to do so as a result of sanctions by the UN Security Council.
EghtesadOnline: French oil and gas major Total would have to review its Iran gas project if the United States decides to impose unilateral sanctions on Tehran, given the company’s assets in the US market, its chief executive told CNN.
EghtesadOnline: France’s key energy company Total says it is moving ahead with a plan to develop a major gas project in Iran, but would nonetheless want to know sooner whether the US would re-impose sanctions on Iran or not.
EghtesadOnline: Iran says it has given the required work permits to the foreign employees of the French energy giant Total thus setting the company in motion to start the development of a key gas project in the country.
EghtesadOnline: France's Total has opened an office in Washington to strengthen relations with the US administration, as the French oil and gas company prepares to invest billions in Iran.
EghtesadOnline: Total says it has opened an office in Washington to coordinate its operations in Iran where the French oil and gas major plans to develop Phase 11 of the giant South Pars gas field.
EghtesadOnline: France’s oil and gas major Total is withholding decision on a $4.8 billion development plan for the world’s largest gas field in Iran, awaiting clarity from the US.
EghtesadOnline: Pushing its multibillion-dollar Iran venture on several fronts, French energy firm Total will continue its presence in the Iranian market as long as Tehran's nuclear deal is in full force, according to the company's president for Middle East, Exploration and Production Division.