Nuclear Accord To Herald New Chapter In Iran Relations With Total

Iran’s Oil Minister Bijan Zanganeh says this month’s landmark nuclear deal will herald a new chapter in Iran’s relations with French energy giant Total, which for many years enjoyed a strong presence in Iran before US-led sanctions were imposed on investment in Iranian oil and gas in the mid-2000s.

These comments were made in Tehran on 29 July after a meeting with French Foreign Minister Laurent Fabius, who was on a one-day state visit to the Iranian capital – the first by a French premier for 12 years.

‘THE DOOR IS OPEN’

“A new chapter of cooperation is set to begin with Total in the development of Iran’s oil fields,” the Iranian oil minister was quoted as saying by the ministry’s Shana news agency. “Total was active in developing Iranian oil projects for more than 20 years [before sanctions were implemented]…the door is once again open for it to return and develop [Iran’s] oil fields.” (CONTINUED - 734 WORDS)