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Tag Archives: Total

Zero Hedge — Iran Sanctions Fallout: China Takes Over French Share In Giant Iran Gas Project

The world just got a lot more complicated. When it comes to the Middle East, China has not been shy about its recent ambitions to expand its geopolitical influence in the Gulf region: Just last week we reported that the Chinese Ambassador to Syria, Qi Qianjin, shocked Middle East pundits and observers by indicating the Chinese military may fill the void left in the wake of the collapse of ISIS - and most regional armies - and directly assist the Syrian Army in an upcoming major offensive on...

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‘Chinese Were Prepared, EU Companies Were Not’ for US’ Iran Sanctions – Analyst — Sputnik interviews Tom McGregor

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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