Total signs major Iran gas deal, defying US pressure
An Iranian labourer walks the platform of an oil facility on Khark Island, on the shore of the Gulf. Iran has signed a deal with French energy giant Total that will lead to a 20-year, $4.9 billion project to develop an offshore gas field (AFP Photo/ATTA KENARE)/ Tehran (AFP) - French energy giant Total defied US pressure on Monday by signing a multi-billion-dollar gas deal with Iran, the first by a European firm in more than a decade. Total will invest an initial $1 billion (880 million euros) in the South Pars offshore gas field as part of ...
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