News Code :
41499
Total Awaits CNPC Decision on South Pars Stake
Total Awaits CNPC Decision on South Pars Stake
Total is awaiting a decision by China National Petroleum Corp. on whether it will take over its stake in the development of Iran's giant South Pars Gas Field, the company said on Monday.
The French company's potential exit comes against the backdrop of the threat of US sanctions on Iran, which are forcing international companies to reconsider their dealings with Iran.
