UPDATE 1-Total marks Iran return with South Pars gas deal
First Western energy firm to return to Iran after sanctions * Iran expects other firms to follow after Total (Adds details, Total comments, background, changes dateline) DUBAI/PARIS, July 3 (Reuters) - France's Total signed a deal with Tehran on Monday to develop phase 11 of Iran's South Pars, the world's largest gas field, marking the first major Western energy investment in the Islamic Republic since the lifting of sanctions against it. Total will be the operator with a 50.1 percent stake, alongside Chinese state-owned oil and gas company ...
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