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Iran sees gas deal with
Total within weeks: minister
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 [June 17, 2017]
DUBAI (Reuters) - Iran expects to
sign a long-delayed gas deal with French oil major Total <TOTF.PA> in
the next few weeks, Iranian Oil Minister Bijan Zanganeh was quoted as
saying on Saturday.
"Iran and Total are summing up the discussions on signing the contract
for the development of phase 11 of South Pars, and this is almost in the
final stages," said Zanganeh, quoted by the oil ministry's news website
SHANA.
"The contract ... will be signed before the end of the (current)
government," Zanganeh said.
Re-elected in May, President Hassan Rouhani is expected to form his new
cabinet in August.
Total's chief executive Patrick Pouyanne said in late May that the
company planned to conclude the South Pars gas deal before summer.
Separately, the state-run National Iranian Oil Company (NIOC) said it
had certified five more companies from Russia and Azerbaijan to bid for
Iranian upstream energy projects.
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Iran's Oil Minister Bijan Zanganeh arrives for a meeting of the
Organization of the Petroleum Exporting Countries (OPEC) in Vienna,
Austria, November 30, 2016. REUTERS/Heinz-Peter Bader
"NIOC has added Russia's Gazprom Neft <SIBN.MM>, Rosneft <ROSN.MM>, Tatneft
<TATN.MM> and Zarubezhneft and Azerbaijan's state-owned SOCAR, taking its list
of pre-qualified companies to a total of 34," NIOC said on its website.
In January, Iran named 29 companies from more than a dozen countries as being
allowed to bid for oil and gas projects using the new, less restrictive Iran
Petroleum Contract (IPC) model.
(Reporting by Dubai newsroom; Editing by Adrian Croft)
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