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BREAKING NEWS

Iran says France's Total has officially left South Pars deal

By REUTERS
ANKARA - Iran's oil minister said on Monday that France's Total has officially left Iran after the United States threatened to impose sanctions on companies that do business in the country, Iranian state TV reported.
"Total has officially has left the contract to develop the South Pars Gas project's phase 11 ... the process to replace with another company is underway," Bijan Namdar Zanganeh was quoted as saying by TV.
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