France’s Total opens Washington office as Iran risks loom

4 Nov 2017   France, Iran, USA

Total has opened an office in Washington in a bid to strengthen relations with the U.S. administration as the French oil and gas company prepares to invest billions in Iran. Chief Executive Officer Patrick Pouyanne confirmed Total opened a government relations office, telling Reuters “we should have done a long time ago.” In July, Total became the first Western energy firm to sign a deal with Iran since the easing of international sanctions in 2015, agreeing to develop Phase 11 of the South Pars offshore gas field with a total investment of $5 billion. But the future of the project was thrown into doubt after President Donald Trump last month refused to certify Iran was complying with an international deal […]

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