Energy giant Total officially leaves Iran: Oil minister

MG News | August 20, 2018 at 04:41 PM GMT+05:00

0:00

French energy giant Total has officially quit its multi-billion-dollar gas project in Iran, Oil Minister Bijan Namdar Zanganeh said on Monday, following the reimposition of US sanctions.

"Total has officially left the agreement for the development of phase 11 of South Pars (gas field). It has been more than two months that it announced that it would leave the contract," he told the ICANA news agency, which is linked to the oil ministry.

(APP)

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