Étiqueté : Total

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Total leaves officially Iran

The French oil company Total signed a contract in 2017 with national Iranian petrol company to develop the south pars 11 project, Total had 50.1% of the project against 30% for the Chinese oil company CNPC and the Iranian Petropars with 19.9%, before starting the project Total was looking for a waiver to continue the project in IRAN and a protection against US sanctions but without success.