Speaking to NIPNA, Omid Yaraghi said Total's entrance to Iran will be followed by arrival of other energy and petrochemical majors to the country.
He underlined the significance of the contract that National Iranian Oil
Company (NIOC) signed with a consortium comprising Total, China's CNPC International
and Petropars Company on July 3 for developing phase 11 of the supergiant South
Pars Gas Field, saying the deal can transmit an important message to other
European and international firms to become interested in financing oil, gas and
petrochemical projects in Iran.
"Iran's petrochemical sector has a special status in this
regard," Yaraghi added.
Undoubtedly, the Total deal was the greatest energy contract in the post-Joint
Comprehensive Plan of Action (JCPOA) era, he said, adding, "that a company
as big as Total has not been influence by the US has a message for other companies
of the world."
He further said Germany's BASF has signed a $5.5b memorandum of
understanding (MoU) with Iran but was tempted to give in to US pressure for signing a deal with Iran, but the Total deal has paved the
way for the German chemical giants to make its mind about signing deals with Iranian
petrochemical companies.