IRAN: France’s Total, China’s CNPC to help develop giant gas field

(EnergyAsia, July 3, 2017, Monday) — Iran has signed a landmark US$5 billion agreement with France’s Total and China National Petroleum Corp (CNPC) to jointly develop phase 11 of its hugely coveted South Pars natural gas field. Total, the operator with a 50.1% share, and CNPC which has a 30% stake, are the first foreign companies...

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