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Iran to Sign $6 Billion Gas-Field Deal With Total, CNPC

Iran skeleton to pointer a rough $6 billion understanding with Total SA to assistance rise an offshore gas margin on Tuesday, an agreement that would symbol a initial Western appetite investment there given general sanctions were carried this year.

Under a deal, Total, China National Petroleum Corp. and Iran’s state-owned Petropars would rise partial of a hulk gas margin in a Persian Gulf famous as South Pars, a press central during Iran’s oil method said. It wasn’t transparent how most of a $6 billion investment would come from Total,…

Article source: http://www.wsj.com/articles/iran-to-sign-6-billion-gas-field-deal-with-total-cnpc-1478525034

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