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Total signs first post-sanctions Western energy deal with Iran
November 8, 2016 by elegant · Leave a Comment
France's Total has signed a deal with Iran to further develop its part of the world's largest gas field, becoming the first western energy company to sign a major deal with Tehran since the lifting of international sanctions earlier this year. Total confirmed on Tuesday it had signed a heads of agreement with National Iranian Oil Company (NIOC) for the Phase 11 development of South Pars in the Gulf, which extends into Qatari waters where it is …
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Total signs first post-sanctions Western energy deal with Iran