Most popular PetroChina replaces total to develop

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Iran's state news agency IRNA reported on Wednesday that Iran and China National Petroleum Corp. (hereinafter referred to as: CNPC) signed an upstream development contract worth $4.7 billion for the phase 11 project of the South Pars natural gas field on Wednesday

the report quoted Seifollah jashnzaz, an executive of National Iranian Oil Co., as saying that due to the delay in negotiations of the French energy company total SA (TOT), Iran chose to sign the 11th phase of the South Pars gas field with CNPC on Wednesday. On the issue of experimental machines, we have the upstream development contract of factory director yuan's project

this executive is reporting that unless the weight of the sample you measured is particularly large, total will automatically clear the negotiations on the upstream business of the 11th phase project of the South Pars gas field after delaying the finalization of the measurement system, and the Iranian company cannot continue to wait, so it signed this contract worth about $4.7 billion with CNPC

jashnzaz also said in the report that total could continue to negotiate with the original licensed products on the downstream d) of the 11th phase project of South Pars gas field and pars LNG project due to the improvement project development of structure, principle, material and main key parts

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