TEHRAN, Iran – National Iranian Oil Co. expects the South Pars Phase 11 development in the Persian Gulf to proceed during the next six months.
Reza Dehghan, deputy director for development and engineering affairs, told news service Shana that talks were continuing with CNPC International on implementing the project, in partnership with Iran’s Petropars.
Total pulled out due to the US’ re-imposition of sanctions on Iran’s oil industry.