Total Signs Deal With Iran, Exposing It to Big Risks and Rewards
Gas facilities in Iran. Total will invest $1 billion in development of part of the South Pars gas field, and it will form a partnership with the China National Petroleum Corporation and the Iranian company Petropars. Patrick Pouyanné, the chairman and chief executive of the French energy giant Total, worried for months that a breakthrough deal to invest in He fretted in particular that the Trump administration would try to scrap the . “If one party is going out of the treaty, then we will not be able to invest,” he said in an interview in ...
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