{"id":295286,"date":"2019-10-07T11:38:57","date_gmt":"2019-10-07T06:08:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295286"},"modified":"2019-10-07T11:38:57","modified_gmt":"2019-10-07T06:08:57","slug":"chinese-oil-company-withdraws-from-5-billion-iran-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chinese-oil-company-withdraws-from-5-billion-iran-deal\/","title":{"rendered":"Chinese oil company withdraws from $5-billion Iran deal"},"content":{"rendered":"<p>TEHRAN: China\u2019s state oil company has pulled out of a $5-billion deal to develop a portion of Iran\u2019s massive offshore natural gas field, the Islamic Republic\u2019s oil minister said on Sunday, an agreement from which France\u2019s Total earlier withdrew over US sanctions.<\/p>\n<p>The South Pars field deal, struck in the wake of Iran\u2019s 2015 nuclear deal with world powers, appears to be just the latest business casualty of America\u2019s pressure campaign on Tehran following President Donald Trump\u2019s unilateral withdrawal of the US from the deal.<\/p>\n<p>Oil minister Bijan Zangeneh, quoted by the ministry\u2019s SHANA news agency, said on Sunday that the China National Petroleum Corp. was \u201cno longer in the project\u201d. Iranian foreign minister Mohammad Javad Zarif separately complained on Sunday about the US campaign against Tehran and its impact on foreign investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TEHRAN: China\u2019s state oil company has pulled out of a $5-billion deal to develop a portion of Iran\u2019s massive offshore natural gas field, the Islamic Republic\u2019s oil minister said on Sunday, an agreement from which France\u2019s Total earlier withdrew over US sanctions. The South Pars field deal, struck in the wake of Iran\u2019s 2015 nuclear deal with world powers, appears to be just the latest business casualty of America\u2019s pressure campaign on Tehran following President Donald Trump\u2019s unilateral withdrawal of the US from the deal. Oil minister Bijan Zangeneh, quoted by the ministry\u2019s SHANA news agency, said on Sunday that [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-295286","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295286"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295286\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}