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French Gas And Power Company Engie To End Iran Contracts

CEO of French gas and power group Engie Isabelle Kocher gestures as she speaks during the shareholder meeting of the group in Paris, France, Friday, May 18, 2018. (AP Photo/Michel Euler)
PARIS, May 18 (Reuters) -

French gas and power group Engie said on Friday it would end its engineering contracts in Iran by November.

President Donald Trump’s withdrawal of the United States from the nuclear accord with Iran and his order that sanctions be reimposed on Tehran have led several European companies to announce their exit from the country, including French oil major Total earlier this week.

Engie CEO Isabelle Kocher said at a shareholders' meeting that the utility has no infrastructures in Iran but has engineering teams working there for clients. "We have 180 days to end these contracts, which takes us to November. It will be done," she said.

(Reporting by Geert De Clercq; Editing by Adrian Croft)