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News ID: 75513
Publish Date : 25 January 2020 - 22:00

Petropars Developing South Pars After Foreign Companies’ Exit



TEHRAN (Reuters) – Iran’s Petropars will develop phase 11 of South Pars, the world’s largest gas field, after the withdrawal of French oil major Total and the China National Petroleum Corp (CNPC), Iran’s oil minister says.
"Now with the exit of the other two companies from the contract, Petropars has completely taken their place and the development of the first unit of phase 11 of South Pars has been given to this company,” Bijan Zanganeh was quoted as saying by ICANA, the Iranian parliament’s news site.