Google+ Followers

Wednesday, 9 November 2016

Iran signs $4.8bn gas deal led by France’s Total

Iran signs $4.8bn gas deal led by France’s Total:

"Iran signed a $4.8bn provisional deal with a consortium led by France’s Total to develop part of a massive gas field, the first major energy agreement since the landmark nuclear accord.

The agreement has raised hopes in Tehran that it will open the way for more foreign investments to be attracted to various industrial and economic sectors after lifting of nuclear-related sanctions this year, reports Najmeh Bozorgmehr in Tehran.

“This is an icebreaker and we shall see more multi-billion-dollar oil and gas contracts with other companies including Russians and Europeans soon,” Amir-Hossein Zamaninia, Iran’s deputy oil minister for international affairs told the Financial Times."

'via Blog this'