What role did Total and CNPC play in South Pars phase 11?

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Total and CNPC were initially partners in developing South Pars phase 11 before withdrawing due to US sanctions.

Total and China National Petroleum Corporation (CNPC) were part of a significant deal to develop Phase 11 of Iran's South Pars gas field, a project valued at US$4.8 billion in 2017. However, both companies ultimately withdrew from their commitments, leaving Iranian experts to complete the development.
Initial Partnership Agreement

In 2017, a US$4.8 billion agreement was established for the development of Phase 11 of the South Pars gas field. This deal included French energy giant Total, China National Petroleum Corporation (CNPC), and an Iranian firm as the primary partners tasked with this ambitious project.
Total's Withdrawal

Total announced its withdrawal from the South Pars Phase 11 project in 2018. This decision followed the unilateral withdrawal of the United States from the 2015 nuclear agreement and the subsequent reimposition of sanctions on Iran by the US administration.
CNPC's Subsequent Departure

Following Total's exit, Iran announced in 2019 that CNPC had also abandoned the project. This left the development of Phase 11 without its initially contracted international partners.

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What role did Total and CNPC play in South Pars phase 11?

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