Total, BP Snub Oil, Gas Exhibit

Total, BP Snub Oil, Gas Exhibit

International energy majors Total S.A. and BP Plc have opted not to participate in Iran's upcoming annual oil exhibition that will get underway later this week, director of public relations at the National Iranian Oil Company said Monday, Mehr News Agency reported.
"Many top-flight oil companies, including BP and Total, did not want to participate in the 22nd Iran oil exhibition this year and will only send their representatives to assess investment opportunities," Mohammad Naseri told a press briefing.
The 22nd International Oil, Gas, Refining and Petrochemical Exhibition, dubbed as the Iran Oil Show, will be held on May 6-9 in Tehran. It is the largest annual gathering in Iran's petroleum industry. BP had opted out of Tehran's new oil and gas deals over the renewed US-Iran tensions, while Total has said its future in Iran's energy market, particularly in a multibillion-dollar project in the South Pars Gas Field, hinges on sanctions relief. According to Naseri, companies from China and Germany have the biggest participation in the oil exhibit.

Short URL : https://goo.gl/uRDfDP
  1. https://goo.gl/RCOznD
  • https://goo.gl/EqDtkf
  • https://goo.gl/ympuYj
  • https://goo.gl/69Msto
  • https://goo.gl/TJFHo5

You can also read ...

Iran Oil Minister Plays Down Total's Exit From Binding Gas Deal
Iranian Oil Minister Bijan Namdar Zanganeh says Total S.A.'s...
Plans to develop LNG plants date back to early 2000s.
Iran could export its first liquefied natural gas cargo from...
Iran’s floating oil production and offloading vessel in the Persian Gulf
Iran has produced over 4.5 million barrels of crude from the...
Iran's Light Crude Near $64
Iran's crude oil extended its impressive rally above $60 per...
Jeddah Refinery Shut Indefinitely
State oil giant Saudi Aramco has shut down its 90,000-barrel...
Russia May Be Better Off Quitting Crude Cut Extension
The world's largest oil exporter could be poised to back out...
Gas Export to Iraq at 1.2 bcm
Iran has exported 1.2 billion cubic meters of gas to Iraq...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.