"Total’s Leaving Iran Result of West’s Satanic Games" - NIOC
Azerbaijan, Baku, 15 July / Trend / "Managing Director of National Iranian Oil Company (NIOC) Seifollah Jashnsaz said the reports that France's Total had left Iran's oil industry are false," Iran's IRINN news agency reported.
"Total's President sent an official letter in which he stated that he would remain committed to his obligations for Iran's oil industry," Jashnsaz said at Iran & Russia: Step to Prosperity of Oil Industry round table at IRINN on 15 July.
Jashnsaz said the reports that French Total had left Iran's oil industry are the satanic games of the West.
On 9 July, Total's President Christophe de Margerie said to Financial Times that his company would not invest in development of Iran's South Pars gas field any more due to a dangerous political situation in the region. Amount of Total's investments in the field was not divulged.
Total has been developing NIOC-operated South Pars since 1997. South Pars was discovered in 1990. Its development consists of 25 stages. Field's mineable reserves are assessed at 13-15trln cu m.
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