Posts Tagged “National Iranian Oil Company (NIO”

Iran, Total-led consortium sign $4.8 billion energy deal +Photo

Iran, Total-led consortium sign $4.8 billion energy deal +Photo

Iran and an international consortium led by the French energy giant Total SA has signed the agreement in principle to develop phase 11 of the giant South Pars gas field. The 4.8 billion-dollar deal signed under the Islamic Republic’s new oil-contract framework is the first major agreement reached between Tehran and foreign energy companies following…

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