Total may discontinue gas project in Iran

French energy firm Total said it may be unable to continue its gas development project in Iran, unless it is granted a waiver by the United States to protect it from reimposed sanctions. As a consequence of the US decision to withdraw from the Iran nuclear deal, the company said in a statement that it “will not be in a position to continue” the project, known as the South Pars 11. Total will have to “unwind all related operations” before Nov 4, unless it is