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Iran seeks new partner to replace French Total

Iran seeks new partner to replace French Total

Iran says it is looking for a new partner because French energy giant Total S.A. is bowing to U.S. pressure and delaying work on the country's massive South Pars gas fields.
Wednesday's official news agency report quotes Seifollah Jashnsaz, the director of the National Iranian Oil Co., as saying Iran is "not happy" with Total's participation in South Pars' Phase 11. That phase involves a drilling platform and a liquefied natural gas facility.
Total and other international oil majors have been under pressure from the U.S., which is seeking to marginalize Iran because of its nuclear program. The West argues the program is aimed at developing weapons, while Iran says it is peaceful.
Total spokesman Paul Floren in Paris says "discussions are ongoing."


Updated : 2021-01-16 14:50 GMT+08:00