Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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by dpupkin | Thu, 2010-05-06 16:00
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Repsol - Iran, South Pars 13-14

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description

 

Shell signed on with Spanish firm Respol in 2002 to develop the South Pars Phase 13 and 14 gas fields. At the moment, however, the Iranian government has issued an ultimatum to both companies given their reluctance to move forward on the project due to Western pressure. The Iranian government’s deadline has been extended several times.
 
On May 28, 2010, the Iranian government announced that it had awarded South Pars Phases 13 and 14 to a consortium of domestic businesses, mostly civilian amrs of the Iran Revolutionary Guard Corps including Khatam al-Anbiya.  On June 6, Iran formally announced it had ceased negotiations with the Spanish oil giant.

 

Status

  • Current Status:
  • Discussion Date:
  • Contract Date:
  • Completion Date:

Citation

1. "Iran to finalize talks with Shell, Repsol", Press TV, 7 December 2009, available at http://www.presstv.ir/detail.aspx?id=113059&sectionid=351020103.

2. "Shell, Repsol present new proposal for South Pars project", Steel Guru, 11 June 2009, available at http://steelguru.com/news/index/2009/06/11/OTc5MTU%3D/Shell%252C_Repsol_....

3. "Iran sets deadline for Shell, Repsol", Press TV, April 26, 2010, available at http://www.presstv.ir/detail.aspx?id=124499&sectionid=351020103

4. "Iran Ends Talk With Shell, Respol on South Pars Gas Project", Business Week, June 6, 2010, available at http://www.businessweek.com/news/2010-06-06/iran-ends-talks-with-shell-r...

5. "Iran awards Pars gas phases to Revolutionary Guards", AFP, May 28, 2010, available at http://www.google.com/hostednews/afp/article/ALeqM5hO8-2zc6BnKaP-2LaqMck...

All projects by Repsol YPF, S.A