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Thursday, 17 May 2018

Iran says China group ready to replace Total on gas deal

Iran says China group ready to replace Total on gas deal:

"Chinese state-owned oil company CNPC will replace Total on a major gas field project in Iran if the French energy giant pulls out over renewed US sanctions against Tehran, Iran’s oil minister has said. “Total has said that if it doesn’t get an exemption from the United States to continue its work, it will begin to pull out of the deal,” Bijan Namdar Zanganeh was quoted as saying by his ministry’s Shana news service. “If that happens, the Chinese firm CNPC will replace Total.”"



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