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Iran official says Shell/Total face April 18 deadline

REUTERS: Iran official says Shell/Total face April 18 deadline

Mon Apr 14, 2008 5:22am EDT

TEHRAN, April 14 (Reuters) – A senior Iranian oil official was on Monday quoted as saying a deadline for France’s Total (TOTF.PA: Quote, Profile, Research) and Royal Dutch Shell (RDSa.L: Quote, Profile, Research) to agree on developing two major energy assets in the Gulf will expire on April 18.

But the comments by Seifollah Jashnsaz, head of the National Iranian Oil Company, were contradicted by managing director Ali Vakili of the Pars Oil and Gas Compahy who said the deadline expires during the Iranian month ending in June.

The two officials’ statements were carried by the Fars and ISNA news agencies.

(Reporting by Hossein Jaseb and Hashem Kalantari; Writing by Fredrik Dahl; Editing by William Hardy)

© Reuters 2008 All rights reserved

http://www.reuters.com/article/rbssEnergyNews/idUSDAH43311620080414

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