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Iran’s External Debt $9 Billion
EghtesadOnline: Iran’s total external debt was $9.05 billion by the end of ninth calendar month (Dec. 21, 2019) of the current fiscal year, according to the Central Bank of Iran data.
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South Pars Phase 11 Development May Go to Petropars
EghtesadOnline: Domestic companies will start operations to develop Phase 11 of the South Pars Gas Field in the Persian Gulf in October, managing director of Pars Oil and Gas Company, a subsidiary…
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CNPC Ambivalence Over SP Project Draws Criticism From Iran's Oil Minister
EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said Sunday China National Petroleum Corporation (CNPC) is still ambivalent after substituting the French energy giant Total in the $4.8 billion…
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Total Awaits CNPC Decision on South Pars Stake
EghtesadOnline: Total is awaiting a decision by China National Petroleum Corp. on whether it will take over its stake in the development of Iran's giant South Pars Gas Field, the company said…
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Iran: South Pars Phase 11 Contract Unchanged
EghtesadOnline: The agreement to develop South Pars Gas Field's Phase 11 in the Persian Gulf with France’s Total and China National Petroleum Corporation has not undergone any changes yet.
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Iranian Firms Can Supply Equipment in South Pars Phase 11
EghtesadOnline: Iranian firms have the capacity to provide up to 70% of equipment needed by South Pars Phase 11, which is due to be developed by France’s Total and its partners, chairman of the…
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Total's Gas Deal With SP Going Ahead Without Delay
EghtesadOnline: Iran's landmark gas deal with French energy firm Total is moving ahead, Oil Minister Bijan Namdar Zanganeh said in a statement, lending confidence to the country's biggest energy…
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CNPC Weighs Taking Over SP Project If Total Leaves
EghtesadOnline: China’s top oil and gas company CNPC is considering taking over Total’s stake in a giant Iranian gas project, if the French company leaves Iran to comply with any new US sanctions,…
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Maersk Poised to Sign Iran Oil Deal in 2 Months
EghtesadOnline: Denmark's Maersk Oil, a new subsidiary of French energy group Total, could sign a deal early next year to develop an offshore Iranian oil project in the Persian Gulf, according…
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Total Expanding Cooperation With Locals in South Pars Project
EghtesadOnline: Total S.A. has picked a domestic partner as part of a project to develop an offshore phase of Iran's South Pars Gas Field, an official said.
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Maersk Poised to Sign Iran Oil Deal in 2 Months
EghtesadOnline: Denmark's Maersk Oil, a new subsidiary of French energy group Total, could sign a deal early next year to develop an offshore Iranian oil project in the Persian Gulf, according…
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‘Total wants to know fate of Iran sanctions sooner’
EghtesadOnline: France’s key energy company Total says it is moving ahead with a plan to develop a major gas project in Iran, but would nonetheless want to know sooner whether the US would re-impose…
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Iran says only UNSC sanctions can force Total out
EghtesadOnline: Iran says the French energy giant Total - that has won a deal to develop a key gas project in the country - can quit only if forced to do so as a result of sanctions by the UN…
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Iran Oil Minister Plays Down Total's Exit From Binding Gas Deal
EghtesadOnline: Iranian Oil Minister Bijan Namdar Zanganeh says Total S.A.'s contract with Tehran to develop Phase 11 of the South Pars Gas Field is "legally binding" and the French energy major…
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Total to Review Iranian Gas Deal If New Sanctions Arise
EghtesadOnline: French oil and gas major Total would have to review its Iran gas project if the United States decides to impose unilateral sanctions on Tehran, given the company’s assets in the…
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Total officially set in motion to start Iran project
EghtesadOnline: Iran says it has given the required work permits to the foreign employees of the French energy giant Total thus setting the company in motion to start the development of a key…
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Total Opens Washington Office
EghtesadOnline: France's Total has opened an office in Washington to strengthen relations with the US administration, as the French oil and gas company prepares to invest billions in Iran.
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Total to comply with any US sanctions on Iran: CEO
EghtesadOnline: Total says it has opened an office in Washington to coordinate its operations in Iran where the French oil and gas major plans to develop Phase 11 of the giant South Pars gas…
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Total dawdles on $4.8 billion Iran gas project
EghtesadOnline: France’s oil and gas major Total is withholding decision on a $4.8 billion development plan for the world’s largest gas field in Iran, awaiting clarity from the US.
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Total Sees Nuclear Deal as Bulwark of Iran Business
EghtesadOnline: Pushing its multibillion-dollar Iran venture on several fronts, French energy firm Total will continue its presence in the Iranian market as long as Tehran's nuclear deal is in…
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Total Says Will Try to Move Ahead With Iran Gas Project
EghtesadOnline: French oil and gas major Total will try to push ahead with its Iran gas project if the United States decides to impose unilateral sanctions on Tehran after US President Donald…
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Total preparing to do Russia-style Iran funding
EghtesadOnline: Total has indicated that it plans to use the same solutions it employs for doing business in Russia under US sanctions, for a key gas project in Iran in case Washington reimposes…
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Total Reaffirms Pledge to Stand by Iran Gas Deal
EghtesadOnline: French energy major Total reiterated its pledge to a major gas project in Iran despite concerns that the actions of US President Donald Trump against the nuclear accord with Tehran…
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Total, PGHC to Finalize Feasibility Studies Deal
EghtesadOnline: The Persian Gulf Holding Company is poised to sign an economic feasibility studies agreement with French energy major Total S.A. for a joint petrochemical venture in the next…
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Iran refinery to negotiate with Japan, France, Germany on new plans
EghtesadOnline: A senior energy official said on Tuesday that his company is holding preliminary talks with Japan Mitsui, German Udeh, France Total and several other international companies for…
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Key Role for Domestic Firms in South Pars Phase 11 Project
EghtesadOnline: Qualified domestic companies can play a major role in developing Phase 11 of South Pars Gas Field in the Persian Gulf, which will be developed by France’s Total and its partners,…
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Iran Plans to Hold Tender for South Pars Ph 11 Subcontracts
EghtesadOnline: Iran hopes that operational works on a $5-billion gas deal with France’s Total will begin early next year, as the country takes steps to subcontract part of the works for developing…
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Total, Iran to Sign Petrochem Agreement
EghtesadOnline: The Persian Gulf Petrochemical Industries Company is close to finalizing an agreement with French energy major Total S.A. to conduct feasibility studies on petrochemical ventures…
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No deficiency in Total gas deal: Judicial official
EghtesadOnline: There is no problem with the deal between France's Total and the National Iranian Oil Company, senior judicial official said on Wednesday.
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Iran-Total Gas Deal Cleared by State Supervisory Entities
EghtesadOnline: T ehran's milestone gas deal with French energy company Total has got the green light from all the necessary bodies and authorities, the rapporteur of Majlis Energy Commission…