A member of Parliament’s Energy Committee said Mon. that Iran would seize Total’s investment revenues if the French company fails to return to the South Pars project before the deadline.
French construction company Vinci SA has signed a contract with Iranian firm Kayson Inc. to invest in the development of two Iranian airports, Iran Chamber of Commerce, Industries, Mines and Agriculture confirmed in a telephone conversation with the Financial Tribune.
Iran’s Pars Oil and Gas Company (POGC) has signed a deal with a French company for cooperation in South Pars Gas field, Mohammad Meshkinfam, director of Engineering and Construction at POGC, said.
National Petrochemical Company (NPC)'s Control Director announced that the paraxylene unit of Bou Ali Sina Petrochemical Company is to be launched by next two to three months, saying that French Exness Company will cooperate with Iran in reconstruction.
Deputy oil minister, while describing the oil deal with Total for development of South Azadegan oilfield, said the French company needs to offer its technical bid in six months.
