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: 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: French oil and gas major Total will try to push ahead with its Iran gas project if the United States decides to impose unilateral sanctions on Tehran after US President Donald Trump said he will not certify the landmark Iran nuclear deal.
EghtesadOnline: Total has indicated that it plans to use the same solutions it employs for doing business in Russia under US sanctions, for a key gas project in Iran in case Washington reimposes sanctions against the country.
EghtesadOnline: President Hassan Rouhani described South Pars region as a main center for promoting international cooperation with Iran in the field of energy and technology, and hailed deal with total.
EghtesadOnline: Patrick Pouyanné, the chairman and chief executive of the French energy giant Total, worried for months that a breakthrough deal to invest in Iran might not be finalized.
EghtesadOnline: Total Chief Executive Patrick Pouyanne who is preparing to sign a major gas contract with Iran has hailed the country’s new format of oil sector agreements as “a real improvement”.
EghtesadOnline: Taking part in the much-anticipated IPO of Saudi Arabian Oil Company, known as Saudi Aramco, is not off the table for oil major Total SA because it could be a "good investment", the French group’s chief executive said on Thursday.
EghtesadOnline: French energy giant Total says it is trying to develop its own mechanism to carry out Iran-related banking transactions without falling afoul of US primary sanctions that still restrict doing financial activities with the Islamic Republic.