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Tuesday, 20 June 2017

France's Total to go ahead with major Iran gas project: CEO | Reuters

France's Total to go ahead with major Iran gas project: CEO | Reuters:

"Total will go ahead with development of a giant Iranian gas field this summer, its CEO told Reuters, in the first major western energy investment in the country since Tehran signed an international nuclear deal. Chief Executive Patrick Pouyanne said the French group would make an initial $1 billion investment after the United States extended sanctions relief for Iran under the 2015 agreement. Washington has warned that it could cancel the sanctions waivers if it believes Tehran is not curbing its nuclear program in line with the deal with world powers."



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