Iran says China group ready to replace Total on gas deal
Iran possesses the second largest gas reserves on the planet, after Russia, and the fourth largest oil supplies (AFP Photo/ATTA KENARE)/ Tehran (AFP) - Chinese state-owned oil company CNPC will replace Total on a major gas field project in Iran if the French energy giant pulls out over renewed US sanctions against Tehran, Iran's oil minister has said. "Total has said that if it doesn't get an exemption from the United States to continue its work, it will begin to pull out of the deal," Bijan Namdar Zanganeh was quoted as saying by his ...
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