Iran Official Says Gas Field Contract With Total, CNPC Unchanged

Iran Official Says Gas Field Contract With Total, CNPC Unchanged
A citizen cycles past the headquarters of the China National Petroleum Corporation in Beijing on March 25, 2015. STR/AFP/Getty Images
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DUBAI—A gas field development contract with France’s Total and China’s state-owned CNPC remains unchanged, a senior Iranian oil official said according to the oil ministry news agency SHANA on Aug. 11—hours after state new agency IRNA quoted him as saying CNPC had taken Total’s share in the project.

“The role of the members of the consortium developing this project is in accordance with the provisions of the contract, and there is still no formal change in these provisions,” Mohammad Mostafavi, director of investment at Iran’s state oil firm NIOC, was quoted as saying.