Disappointment and delays dog development on Iran's South Pars Field

From: Middle East | Date: May 1, 2008| Author: | Copyright information

THE INTERMINABLE PROBLEMS that have beset Iranian efforts to develop its South Pars gas field look set to continue as a result of disagreement between French firm Total and the Pars oil and Gas Company. The Iranian government seems unwilling to meet its share of spiralling development costs but the collapse of the deal would provide a major setback to Tehran's plans to become a major source of global gas supply.

South Pars is the Iranian part of the giant gas structure known in neighbouring Qatar as the North Dome field. Qatar is managing to use its share of what is the world's biggest known ...

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