iran signs major gas deal with frances total
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Iran signs major gas deal with France's Total

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Arab Today, arab today Iran signs major gas deal with France's Total

Iran
Tehran - Arab Today

 Iran signed a deal with France's Total on Tuesday to develop a major offshore gas field, its first bid contract with a Western energy firm since the lifting of sanctions.

Total will lead a consortium also including China National Petroleum Corporation and Iran's Petropars to develop Phase 11 of the South Pars field -- a project valued at $6 billion (5.4 billion euros), the oil ministry said.

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