Iran to sign over Rs. 31,000 crore gas deal with French oil firm called Total

Posted on:03 Jul 2017 15:45:50
Iran to sign over Rs. 31,000 crore gas deal with French oil firm called Total
03 July 2017 Current Affairs: Iran, the third largest producer in the Organization of the Petroleum Exporting Countries (OPEC), plans to sign a new contract to develop its giant South Pars gas field with France's oil firm named "Total" and China National Petroleum Corporation (CNPC).

The firm Total will grant USD 4.8 billion (Rs. 31,000 crore) to develop a gas field in Persian Gulf alongside China's CNPC and Iran's Petropars.

Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Iran's Petropars 19.9 percent.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs February 2018

24 FEBRUARY
NEWS
23 FEBRUARY
NEWS
22 FEBRUARY
NEWS

Current Affairs January 2018

31 JANUARY
NEWS
30 JANUARY
NEWS
29 JANUARY
NEWS
28 JANUARY
NEWS

Current Affairs December 2017

31 DECEMBER
NEWS
30 DECEMBER
NEWS
29 DECEMBER
NEWS
28 DECEMBER
NEWS