Wednesday, 23 June , 2021
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Chinese state oil firm has withdrawn from $5bn deal 08 Oct 2019

Chinese state oil firm has withdrawn from $5bn deal

China’s state oil firm has pulled out of a $5bn deal to develop a portion of Iran’s massive offshore natural gas field, the Islamic republic’s oil minister said on Sunday, an agreement from which France’s Total SA earlier withdrew over US sanctions. The South Pars field deal, struck in the wake of Iran’s 2015 nuclear […]