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CNPC to replace Total SA in Iran Gas Project
May 21, 2018
Source: Sputnik News

CNPC to replace Total SA in Iran Gas Project

If sources were to be believed, the Chinese Oil & Gas giant CNPC is in negotiation to buy Total's share of the Iranian South Pars gas field in the Persian Gulf. The French-owned Total SA recently announced that it will have to pull out of the project amidst possible US sanctions. Total and CNPC have been jointly working on the South Pars field since 2017.

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