USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

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Natural gas 2.801

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Total To Invest In Iran

French oil giant TOTAL Group announces it is ready to invest Iran's economical and technical projects

Total To Invest In Iran

French oil giant TOTAL Group announces it is ready to invest Iran?s economical and technical projects, especially in South Pars gas field.
Francois Vatier, the representative of Total in Iran, voiced TOTAL?s readiness to implement LNG installations for phase 11 of Iran?s huge gas reserves of the South Pars, common with Qatar?s, with the participation of the National Iranian Oil Company and the Malaysian Petronas.
This is the most important project for which the company is negotiating with Iran, he added.
China, Japan, and Europe are among the countries that Iranian LNG can be sold to.

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