Total will not Pay Penalty if It Quits Gas Project in Iran

Total will not pay a penalty if it pulls out of a multi-billion-dollar gas project in Iran. Iran’s oil minister said on Wednesday. adding that the French company would not be able to retain its investment in Iran until the project ends.

“They did not say they will pull out. They meant Total might not be able to continue its activities in Iran.“ Bijan Zanganeh was quoted as saying by Mehr news agency.

About core

Check Also

Shell and Ferrari Forge 10-Year Renewable Power Partnership

Shell is boosting its cooperation with Ferrari by signing a ten-year corporate power purchase agreement …

Leave a Reply

Your email address will not be published. Required fields are marked *