Iran to sign gas deal with France's Total and China's CNPC
These are external links and will open in a new window/ These are external links and will open in a new window/ Iran says French energy giant Total is to sign a contract worth close to $5bn (£3.8bn) to develop an offshore gas field in the Gulf. It is the biggest foreign deal since most economic sanctions against the country were lifted in 2016. Oil ministry officials said the deal to develop the South Pars gas field would be signed on Monday in Tehran, with Total getting a 50.1% stake. China's CNPC would hold a 30% stake and Iran's ...
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