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

core May 16, 2018 Companies Leave a comment 5 Views

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.

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