ID :
154799
Sat, 12/25/2010 - 17:19
Auther :

Investment in 2 phases of South Pars Gas field up $1.5b

Tehran, Dec 25, IRNA – Iranian government on Saturday ratified the rise of investment in South Pars Gas field by dlrs 1.5 billion in Assalouyeh, Bushehr province.

The decision was made within the project of development of phases nine and ten of South Pars Gas Field. Investment in these two phases of South Pars Gas Field will be increased from dlrs 2.597 billion to dlrs 4.149 billion.

Some dlrs 2.987 billion will be provided from the local funds of Iran National Oil Company and the rest from foreign sources through finance arrangements./end

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