France’s Total said in August it had told Iranian authorities it would withdraw from the South Pars gas project after it failed to obtain a waiver from U. S. sanctions against Iran.
China’s state-owned CNPC has replaced France’s Total in Iran’s multibillion-dollar South Pars gas project, Iranian Oil Minister Bijan Zanganeh said, according to the semi-official news agency ICANA on Sunday.
«China’s CNPC has officially replaced Total in phase 11 of South Pars but it has not started work practically.
