No 42



Zanganeh Says Statoil Close To South Pars Phases 6, 7 And 8 Deal as Shell Negotiates Exit

Irans Oil Minister Bijan Zanganeh told reporters in Doha on 13 October that Statoil was close to concluding a deal with Petropars the Iranian company owned by state and National Iranian Oil Company (NIOC) pension funds which is the operator of the South Pars Phases 6, 7 and 8 development to take over the offshore segment of the project. He also confirmed that Shell was...