Iran needs 200 billion dollar investment to develop oil industry which should be supplied through foreign sources.
Read More »Iran’s Parliament Constitute Committee to Review Total`s Gas Deal
The development of Phase 11 of the South Pars project will cost up to $5 billion.
Read More »Iran. Japanese Toyo Ink Salman Field Memo
Under the terms of the deal. Iran’s Petropars is committed to finance the study phase of the project while Toyo of Japan will undertake financing of its executive phase.
Read More »Iranian Spokesman Greets Gas Deal with Total
The development of Phase 11 of the South Pars project will cost up to $5 billion.
Read More »3 South Pars Phases Join Gas Grid in August
South Pars is the world'.s largest gas field. shared between Iran and Qatar.
Read More »Total Pact to Be Reviewed in Iran Parliament
Total will operate the SP11 project with a 50.1 percent interest. while Iranian Petropars Company and the Chinese CNPC will have a share of 19.9 and 30 percent. respectively.
Read More »Iran`s Contract with Total Complete Failure of US Sanctions Policy
Total has a 50.1-percent share in the deal. The state-owned China National Petroleum Corp. has 30-percent stake and Iran’s Petropars has 19.9 percent.
Read More »Iran Open to Work with US Companies
The BP head said that the company would spend $15 billion in projects this year. and in 2018 and 2019.
Read More »New Iran Commission to Oversee Total Gas Deal
The deal with Total increases Iran'.s energy security and is likely to encourage other foreign companies to invest in Iran.
Read More »Oil Minister Defends Gas Deal with Total in Parliament
Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Iran’s Petropars 19.9 percent.
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