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2018-11-26 13:20:00

IRANIAN CHANGES: TOTAL - CNPC: $4 BLN

ПЕРЕМЕНЫ В ИРАНЕ:  TOTAL - CNPC: $4 МЛРД.

IRNAIranian Petroleum Minister Bijan Zangeneh referred to Total withdrawal from South Pars phase 11 saying Chinese company CNPC replaced the French company.

'We should hold talks with the CNPC to see when they will start activities,' Zangeneh said.

Zangeneh had announced on Monday that the French oil and gas company Total has officially left the contract with Iran to develop the South Pars oil field in southern country.

In July 2017, National Iranian Oil Company (NIOC) and the International Consortium, headed by Total, signed an oil deal in the post-sanction era to develop phase 11 of South Pars.

As per the contract, CNPC of China and Iran's Petropars were other members of the international consortium.

Total's stake in the project was 50.1 percent, while that of CNPC and Petropars were 30 percent and 19.9 percent respectively.

 

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Earlier:

 IRAN, RUSSIA OPPORTUNITIES
2018, November, 19, 11:35:00

IRAN, RUSSIA OPPORTUNITIES

NGW - Although US secondary sanctions against Iran’s petroleum sector resumed on November 5, Russia will most likely defy them by continuing to invest in Iran’s natural gas sector. Russia may also seek to influence the flow of Iran’s natural gas into the European market, where it could undermine Russia’s political-economic interests if not coordinated with Moscow.

 

 IRAN SANCTIONS ANEW
2018, November, 9, 15:25:00

IRAN SANCTIONS ANEW

PLATTS - US sanctions are expected to bring Iranian crude exports down to 1.1 million b/d in November, and 850,000 b/d in the fourth quarter of 2019, down from an average of 2.686 million b/d in April and May,

 

 TURKEY: NO IRAN SANCTIONS
2018, November, 7, 11:20:00

TURKEY: NO IRAN SANCTIONS

REUTERS - President Tayyip Erdogan said on Tuesday Turkey would not abide by the renewed U.S. sanctions on Iran’s oil and shipping industries, adding that they were aimed at “unbalancing the world”.

 

 RUSSIA'S HELP TO IRAN
2018, November, 5, 12:10:00

RUSSIA'S HELP TO IRAN

FT - Russia has vowed to help Iran counter US attempts to throttle its oil sales when sanctions come into effect next week, saying it will continue trading Tehran’s crude in defiance of Washington.

 

 IRANIAN GAS: 1 BLN CMD
2018, October, 19, 10:50:00

IRANIAN GAS: 1 BLN CMD

SHANA - Managing Director of the Iranian Gas Engineering and Development Company (IGEDC) Hassan Montazer Torbati said the supply of one billion cubic meters per day of natural gas by National Iranian Gas Company (NIGC) was one of the goals of the company by 2021.

 

 RUSSIAN - IRANIAN PROSPECTS
2018, October, 8, 10:40:00

RUSSIAN - IRANIAN PROSPECTS

SHANA - In sum, Iran and Russia know what to do under the current circumstances…We have good prospects for cooperation. The five committees that were set up between Iran and Gazprom met in Tehran and drew up minutes. Committees and their members were identified, and now there is a relationship between the two countries in terms of technology transfer. Gazprom is interested in investing in Iran's oil and gas sector.

 

 IRAN'S ECONOMY DIFFICULTIES
2018, August, 27, 14:25:00

IRAN'S ECONOMY DIFFICULTIES

ARAB NEWS - One of the key markers of Iran's economic crisis has been the collapse in the currency, which has lost around half its value since April.

 

 

Tags: TOTAL, CNPC, ИРАН, IRAN