Trial Version
FA Thursday, September 20, 2018
Iranian Minister of Petroleum Bijan Zanganeh said Total was not expected to pay a fine to Iran, but the amount that the company had already spent in South Pars Phase 11 project would not be repaid until the project becomes operational.
A member of the Iranian parliament said, "During eight years of the imposed war, we managed to export our oil in any way, and oil production never stopped.
Demand for natural gas is growing on the global scale. Over 20 years to come, the energy mix is set to tilt towards gas.
Iranian President Hassan Rouhani said oil, gas and petrochemical industries are at the forefront of the economic and psychological war against the Iranian nation.
Despite repeated threats by US officials to reduce Iran’s oil exports to zero, many experts believe that Iran’s oil could not be slapped with an embargo.
ICOFC recently introduced opportunities for investment under the newly developed IPC format. Phase 2 of Aghar gas field is one of these lucrative projects for foreign investment.
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