Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
NIOC - CNPC, South Pars Phase 11
description
China's National Petroleum Corporation (CNPC) has won a contract to develop Phase 11 of the South Pars gas project. The Chinese energy giant will replace Total SA, which has hesitated because of political concerns. The deal is worth $4.7 billion.
CNPC has said it will begin drilling operations in March 2010. In December, the company increased its Iran based staff to 60.
- Country: China
- Client: National Iranian Oil Company
- Contractor: China National Petroleum Corporation
Status
- Current Status:
- Discussion Date:
- Contract Date: Mon, 2009-06-01
- Completion Date:
Citation
1. "Iran inks contract with CNPC to develop phase-11 of South Pars", LNG Pedia, 12 June 2009, available at http://www.lngpedia.com/iran-inks-contract-with-cnpc-to-develop-phase-11....
2. "CNPC replaces Total at South Pars 11", Upstream Online, 3 June 2009, available at http://www.upstreamonline.com/live/article179964.ece.
3. "CNPC clinches South Pars deal", Upstream Online, 10 February 2010, available at http://www.upstreamonline.com/live/article205885.ece.
All projects by China National Petroleum Corporation
Country |
Contractor | Project Name | Amount (Current Dollar Value) | Last Action | Status | ||
|---|---|---|---|---|---|---|---|
| China National Petroleum Corporation | CNPC Upstream Activities - Kuhdasht Block | $18 million |
12/31/09 |
---- | |||
| China National Petroleum Corporation | CNPC - NIOC South Azadegan Field Development | $2.5 billion |
09/28/09 |
In Progress | |||
| China National Petroleum Corporation | CNPC to Develop North Azadegan Oilfield | $2 billion |
01/16/09 |
Contracted | |||
| China National Petroleum Corporation | NIOC - CNPC, South Pars Phase 11 | $4.7 billion |
02/10/10 |
---- | |||
| China National Petroleum Corporation | Sinopec, CNPC, Crude Oil Imports | ---- |
11/11/09 |
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