SHANA -- Iranian Minister of Petroleum Bijan Zangeneh says Total S.A.'s capital in a contract with Tehran to develop Phase 11 of the South Pars Gas Field will stay in Iran in case the French energy major walks away from the deal without any UNSC sanctions. The official said: "If Total walks away from the deal without United Nations Security Council ...

August 21, The Iran Project - The 2015nuclear agreement with world powers turned Iran into an attractive destination for foreign investmentand as a pioneering sector, oil industry could take advantage of it. Iranian Oil Minister Bijan Zanganehin a televised interview on Sunday (Aug 20) said that absorbing finances and technology, andenhancing crude ...

Tasnim Irans Judiciary spokesperson verified on Wednesday that a major gas deal Iran signed with Frances Total in July does not contain any problem. Speaking to reporters in Tehran, Judiciary's Deputy Chief and Spokesman Gholam Hossein Mohseni Ejei said a judicial committee tasked with vetting the Oil Ministrys contracts and business negotiations ...

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IRNA Iran's supreme committee of monitoring oil resources has approved overwhelmingly the agreement with Total, an Iranian senior official said on Tuesday. 'According to the petroleum act, the reference who is qualified to give opinion on oil agreements is the supreme committee of monitoring oil resources,' Iran's government spokesman Mohammadd ...

MNA Irans Ministry of Oil announced that Total-NIOC contract to develop offshore section of phase 11 of the giant South Pars gas field was approved at the meeting of the Oil Resources Supreme Supervisory Board. Head of Iranian Parliament's Planning and Budget Commission Gholamreza Tajgardoon said the contract to develop Phase 11 of South Pars was ...

Tasnim Spokesman for the Iranian Administration Mohammad Baqer Nobakht praised the $5 billion gas deal recently signed between Iran and Frances energy giant Total, saying the investment project would be highly profitable for the country. The project will generate $85 billion of income in a 20-year period, Nobakht told reporters at his weekly press ...

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IRNA A triple-urgent bill for temporary freezing the contract with Total in Irans Parliament (Majlis) was removed from Majlis agenda on Wednesday after some of the signatories to the bill withdrew their support from it, said a member of Majlis presiding board. The members of Parliament today in a public session started considering the triple- urgent ...

Tasnim There is nothing confidential to the parliament about a recent deal Iran has signed with Frances Total, spokesman for the administration said, recommending the MPs seeking suspension of the deal to bear in mind a law binding the administration to attraction of foreign investment. Speaking at a weekly press conference on Tuesday, Mohammad ...

LobeLog |Esfandyar Batmanghelidj: On July 3, Patrick Pouyann, the imposing, former rugby-playing CEO of Total, arrived in Tehran to sign a landmark $5 billion contract to develop Phase 11 of Irans South Pars gas field in cooperation with the China National Petroleum Corporation and Petropars, an Iranian firm. The deal was a sign of Pouyanns ambition ...

Tasnim A number of Iranian lawmakers plan to put forward a motion on Tuesday to temporarily suspend a $5 billion gas deal recently signed with Frances energy giant Total, a parliamentarian announced on Monday. The parliament has always been particularly sensitive about national interests; we do not allow the interests of the country to be questioned ...

Iranian Diplomacy- Last year, a final endorsement from the cabinet and the Majlis board that adjusts legislations by the administration with those of the parliament paved the ground for the signing of the MoU with French refinery company Total for the development of South Pars, phase 11. The contract was postponed due to election in Iran and the US....

Tasnim Some Iranian experts and top figures in oil and gas industry have voiced their strong opposition to a $5 billion gas deal recently signed between Iran and Frances energy giant Total, saying Total has hatched a sinister plot against the Islamic Republic. In a television program aired on Saturday night, Asghar Ebrahimi-Asl, a former deputy ...

July9, The Iran Project Holding of intl conference on combating sand and dust storms kin Tehran, Iran signing $5 billion natural gas deal with Frances Total and Chinese firm, Head of the National Iraqi Alliance (NIA) Ammar Hakim visit to Iran and meeting with senior officials, remembering victims of passenger plane downed by US in 1988, closing ceremony ...

Shana -- A senior petrochemical official said French energy major Total will return to Iran's petrochemical sector in a bid to complete the industry's value-chain. Addressing a conference in Vienna, Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei said the French energy giant will sign deals with Iranian petrochemical ...

The Conversation UK- Nine years ago, when sanctions were imposed on Iran by the international community, Total was the last Western energy company to suspend its activity there. Now, following the lifting of nuclear sanctions on Iran in January 2016, Total is the first Western company to return to the Iranian energy market. On July 3, the French company ...

IFP- A multi-billion-dollar gas deal signed between Iran and French energy giant Total for the development of Phase 11 of South Pars Gas Field has sparked mixed reactions in Iran. The opponents and proponents of the deal signed on July 3 have missed no opportunity to state their opinions about it. But the main question is whether or ...

Al-Monitor | Arash Karami: Two years after it agreed to reduce its nuclear program in exchange for the lifting ofinternational sanctions, Iran has signed its first energy deal. FrancesTotal SAand the China National Petroleum Corporation (CNPC) agreed to a$5 billion dealto develop Phase 11 of IransSouth Parsoffshore gas field,one of the largest in the ...

Sputnik News- Frances energy giant Total is establishing a foothold in the Iranian gas market, which is very important for the company and the country, while the United States is trying to isolate Iran and therefore risks losing the countrys gas market completely, experts told Sputnik. TOTALS NEW CONTRACT On Monday, Total, together withChinas ...