Total’s CEO says will try to move ahead with Iran gas project

 

PARIS: French oil and gas major Total will push ahead with its Iran gas project if the United States decides to slap unilateral sanctions on Teheran after President Donald Trump said he will not certify the landmark Iran nuclear deal.

TotalĀ“s Chief Executive Officer Patrick Pouyanne said in an interview with International Oil Daily that the company would wait to see the consequences of TrumpĀ“s decision, and if there are any laws that obliges it to withdraw from Iran, then it will comply.

“If Iran is compliant, if the European Union and China and Russia continue to consider that the JCPOA can be applied, then that means the US would have to take unilateral sanctions and we see what the situation is,” Pouyanne said in the interview published on Tuesday.

“But we will try on our side to obtain the comfort that we can continue the project, which will be our priority,” he added.

Must Read

Greentree Holdings intends to acquire 35% stake in TRG Pakistan

AKD Securities appointed manager to the offer; acquisition remains subject to regulatory approvals