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Iran re-establishes ties with Total with $4.8 bn deal

Tuesday, 04 July 2017 1:40 AM [ Last Update: Tuesday, 04 July 2017 1:41 AM ]

A handout picture shows Iran's President Hassan Rouhani (R) shaking hands with Patrick Pouyanne Chairman and CEO of French energy company Total, after signing an offshore gas field agreement in Tehran, on July 3, 2017. (Photo by AFP)

Hamid Javani
Press TV, Tehran

French energy giant Total has signed a multi-billion-dollar gas deal with Iran to develop the South Pars offshore gas field. The deal is lucrative for both Tehran and the European company. Our correspondent Hamid Javani reports.

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