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Iran to issue $407mln in bonds for South Pars oil project

Posted on 14 March 2012

Iran will issue five trillion rials (some $407 million) in bonds by the end of this Iranian calendar year (March 19) to finance South Pars gas field projects, said the financial director of Pars Oil and Gas Company.
Touraj Jahanara told Shana news agency that the current year’s budget allows the oil ministry to issue 100 trillion rials (some $8.2 billion) in bonds to finance the oil and gas projects………………………………………..Full Article: Source

 
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