Iran plans to sign a preliminary $6B deal with Total (NYSE:TOT) today to help develop an offshore gas field, an agreement that would mark the first Western energy investment there since international sanctions were lifted this year. The “heads of agreement” for development of the giant South Pars gas field would also include China National Petroleum (NYSE:PTR) and Iran’s state-owned Petropars.
Iran plans to sign $6B deal with Total to develop an offshore gas field
