France's Total, Iran in talks on energy projects but major holding off investment

摘要

London-Total CEO Christophe de Margerie said October 21 the French oil major was still talking to Iran on energy projects but was not investing in the country at this time. "We are in Iran but we are not investing," he told reporters at the annual Oil and Money conference in London when asked to comment on reports from Tehran that Total had returned to negotiations on a planned LNG project in Iran. Industry sources said Total had not broken off negotiations with the Iranians on the stalled project but has not yet committed to Pars LNG, also known as South Pars Phase 11.