Energy giant Total officially leaves Iran: Oil minister

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

Add Mettisglobal as a Trusted Source on Google

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)

Related News

Asia markets rally on tech optimism

UAE, UN deepen ties on energy, water agenda

Iran tells US talks advance, no final deal yet

Name	Price/Vol	%Chg/NChg
KSE100	173,962.82 313.69M	1.30% 2237.52
ALLSHR	104,178.62 550.40M	0.93% 964.13
KSE30	52,166.33 164.58M	1.26% 649.19
KMI30	250,496.48 141.11M	1.59% 3930.77
KMIALLSHR	67,844.06 318.73M	1.20% 801.29
BKTi	47,430.11 44.68M	0.28% 130.40
OGTi	36,386.96 9.01M	0.13% 45.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	74,120.00	74,260.00 73,715.00	405.00 0.55%
BRENT CRUDE	91.89	92.95 89.93	-0.81 -0.87%
RICHARDS BAY COAL MONTHLY	117.00	0.00 0.00	-0.75 -0.64%
ROTTERDAM COAL MONTHLY	130.25	131.75 130.00	-0.20 -0.15%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	87.76	89.02 86.35	-1.14 -1.28%
SUGAR #11 WORLD	14.07	14.35 13.90	0.14 1.01%