OIL: Iran plans to sign a $6bn deal with France’s Total to help develop an offshore gas field

More gas news than oil, but still. This from the wsj

(may be gated)

Iran to Sign $6 Billion Gas-Field Deal With Total, CNPC
Preliminary deal under Iran"s new contract framework would mark a vital step in the return of Western companies

• "agreement would mark the first Western energy investment there since international sanctions were lifted this year"

That"s probably the hot take on this deal ... things moving forward fro Iran and more supply coming onto the market. This time for gas, of course.

Note:

• Plan is to sign preliminary deal on Tuesday


• The deal is a draft that still must be completed over the next six months
  

OIL: Iran plans to sign a bn deal with France’s Total to help develop an offshore gas field
OIL: Iran plans to sign a bn deal with France’s Total to help develop an offshore gas field
http://www.forexlive.com/feed/news
$inline_image