Tehran, April 25, IRNA -- The French oil giant Total won a bid to
develop Phase 11 of Iran's massive South Pars offshore gas field,
said a senior Iranian official here Sunday.
Negotiations to develop the gas field are on the verge of being
finalized with Total officials, the managing director of the
National Iranian Oil Company (NIOC), Mehdi Mirmoezi, said.
Speaking on the sidelines of an ongoing gas conference here, he
told reporters that completion of the phase would be significantly
linked to another Iranian project on liquified natual gas (LNG).
The gas extracted during Phase 11 operations is expected to be
exported to European countries.
Negotiations are currently underway with officials of Shell and
Repsol for Phase 13 of this ongoing development project.