Ankara: After US imposed new sanctions on Iran, barring countries doing business with Iran, the country on Monday urged Europe to accelerate its efforts in salvaging the 2015 Nuclear deal between Tehran and other major western European countries after French oil group has pulled out of the major gas project.
“Europeans and other signatories of the deal have been trying to save the deal … but the process has been slow. It should be accelerated,” Foreign Ministry spokesman Bahram Qasemi said, Reuters reported.
“Iran relies mainly on its own capabilities to overcome America’s new sanctions,” he added.
Though EU Members which include Britain, France and Germany, China and Russia are making efforts to remain engaged in business with Iran, US sanctions are as well posing an open threat prompting major companies to pull out of Iran’s deal.
Oil Minister Bijan Namdar Zanganeh said French oil group Total has formally pulled out of Iran’s South Pars Gas project.
“The process to replace (Total) with another company is underway,” he said.