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Iran to reimburse Total
Sept. 10, 2018
Source: Reuters

Iran to reimburse Total

Total signed an agreement with Iran in 2017 for the development of phase II of the South Pars natural gas field. But Total decided to leave the project midway after not being able to obtain waiver from restored US sanctions. Oil Minister of Iran commented that the money invested by Total will be reimbursed only after the phase II of the multibillion-dollar project will become functional.

   Read More About : Iran Natural Gas Total SA UPSTREAM US Sanctions
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