An executive with the French energy conglomerate, speaking at the World Gas Conference in Amsterdam, said his company would like an 8-, 10-percent stake in South Pars Block 11, in which Total SA has 80 percent and Malaysia’s Petronas 20 percent, the Oil & Gas Journal reported Wednesday.
Under a proposal being considered, GDF’s share would come from Total’s share. Total also would sell as much as 5 percent of its stake in the planned LNG plant to GDF. Currently, National Iranian Oil Co. has 50 percent of the plant, Total 40 percent and Petronas 10 percent.
