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Iran is ready to extend French energy giant Total SA's deadline to build the country's first liquid natural gas (LNG) export terminal, the Oil Minister was quoted as saying on Friday by the ministry's Web site SHANA.
"We will give the company a new chance if France's Total asks for more time to adjust its offered cost to develop the Pars LNG project," SHANA quoted Kazem Vaziri-Hamaneh as saying.

Copyright Reuters, 2007

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