Total set to sign $4.8bn gas deal with Iran

https://www.rt.com/news/394968-iran-gas-deal-total/

French oil and gas company Total S.A. has agreed a $4.8 billion deal with Iran to develop one of the world’s largest largest natural gas fields, reports AFP.

The country’s oil ministry announced the deal Sunday.

It is Iran’s first investment by an international energy company since sanctions were eased last year after reaching an international agreement to slow the development of its nuclear program, reports Bloomberg.

The contract is to develop part of the South Pars gas field in the Persian Gulf.

Iran’s Petroleum Minister Bijan Zanganeh said last month that the deal was in its final stage and would be signed within the coming weeks, Press TV reported.

———-

no real enemies..just favorite ones..do as we say..not as we do..sleeping with the enemy? 😉

“It is Iran’s first investment by an international energy company since sanctions were eased last year”

401

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~ by seeker401 on July 5, 2017.

3 Responses to “Total set to sign $4.8bn gas deal with Iran”

  1. 2016 investments in Qatar…2017, in Iran…

    https://www.fool.com/investing/2016/07/07/why-is-total-sa-investing-in-qatar.aspx

    • Meanwhile France made an oil deal with Iran not too many weeks ago, but certain nations continually have to “scare” everybody.

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