PARIS (Trade Arabia) — French energy major Total says it is near to finalize a decision on investments in the Pars LNG project in southern Iran, a senior official said.

'Technically and commercially, the project is advancing very well and we are not far from deciding whether to invest,' said Total's head of exploration and Production Yves-Louis Darricarrere.

He added that a decision could occur in the next few months.

He said the company would take into account Iran's political environment when making the decision.