No 09



Pars LNG Joint Venture Formed By Total, Petronas And NIOC

A shareholders agreement for the creation of the Pars LNG joint venture to export LNG from Iran has been signed by Total (30%), Petronas (20%) and the National Iranian Oil Company (NIOC 50%). A Total statement on 25 February said: The signature is the first step towards the development of a long-term partnership between the three companies to produce LNG. The project is designed for an initial capacity...