Iran Oil Minister: CNPC Replaces Total in Multi-Billion South Pars Gas Project

China National Petroleum Corporation has replaced France's Total in the South Pars gas project, Oil Minister Bijan Namdar Zanganeh said. "Total has been replaced by CNPC in Phase 11 of South Pars but it has not started work yet. Negotiations are underway with CNPC to determine when it will start...