Heavy Oil Investing News » Total to remain loyal to projects in Iran

Total to remain loyal to projects in Iran

July 16, 2008 @ 6:23 am In Heavy Oil Company News

National Iranian Oil Company (NIOC) dismissed reports about Total's withdrawal from the nation's South Pars gas deal.

An NIOC official was quoted as saying:

Total had been previously active in Iran's oil industry and promised to participate in the development of Phase 11 of the South Pars gas field.

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