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Total CEO: Iran Gas Deal Should be Done Before Summer

Posted by May 26, 2017

French oil major Total still plans to conclude the Iran South Pars gas deal before summer, its chief executive Patrick Pouyanne told journalists on the sidelines of the company's annual general meeting.

 
Pouyanne said the signing of U.S. sanctions waivers, among other hurdles, cleared the path for the deal to be signed.
 
Total said earlier in February that a final decision on the deal hinged on the new U.S. administration renewing the waivers.
 
Pouyanne also added he had met Iranian oil minister Bijan Zanganeh in Vienna on the sidelines of the OPEC meeting.
 
Reporting by Bate Felix

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