With foreign energy companies signing early deals with Iran, the country’s president said banking channels to the world could be opening up. Last month, a consortium of French energy company Total, China National Petroleum Corp. and Petropars Ltd., a subsidiary of the state-run National Iranian Oil Co., signed a 20-year contract to help develop parts of the giant South Pars natural gas field in the Persian Gulf. It was the first contract since Iran implemented a multi-lateral nuclear deal in early 2016. With Iranian President Hassan Rouhani earning a second term in office earlier this year, the Total-led deal cleared a path for future investments from foreign energy companies. Rouhani, who helped steer the post-sanction economy, set a goal of signing 10 new […]