Heterodox
China’s state-owned energy giant CNPC is ready to replace French energy company Total’s stake in the Iranian South Pars gas project. In 2017, Total and CNPC signed a 20-year contract worth 4.8 billion dollars to develop Phase 11 of Iran’s South Pars field. Sputnik spoke with political analyst Tom McGregor about CNPC’s acquisition plan.Sputnik: How serious is CNPC about acquiring Total’s stake in the South Pars gas project in your opinion? McGregor: Definitely if it’s available to them...
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