Iran Says China`s CNPC Pulls out of Gas Project
(Payvand Iran News)

Iran`s oil minister said Sunday that China`s CNPC has withdrawn from the development of an offshore gas field and that state-owned Petropars will take over the entire project. The South Pars gas field was to be developed jointly by France`s Total, China National Petroleum Corporation and Petropars under a $4.8-billion (4.1 billion-euro) deal signed in July 2017. -VOA