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Iran Considering Rethink of Total LNG Deal

The government of Iran may reconsider its multi-billion-dollar liquefied natural gas agreement with French oil and gas company Total, which would have seen the firm develop the South Pars Gas Field in Iran, Iran’s acting oil minister was quoted as saying.

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Iran Privatizes 12 Petrochemical Companies

Iran privatized 12 petrochemical companies in the past Iranian calendar year (ended March 20, 2007), accounting for 35 percent of the sector’s subsidiaries, the National Petrochemical Company (NPC) reported here on Tuesday.

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French FM Softens Tone on Iran

France’s foreign minister appeared to soften his weekend warning of war with Iran if it develops nuclear weapons, emphasizing instead the need to “negotiate, negotiate, negotiate without respite”.

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Iran Urges Pakistan to Extradite Hostage-Takers

Iran is serious about extraditing hostage-takers from Pakistan, Iranian Interior Minister Mostafa Pour-Mohammadi said, adding that Tehran has already sent to Islamabad several documents proving the Iranian nationality of the criminals.

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