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Iran to issue $1 bln bonds for energy sector-agency

Posted on 24 February 2010

From Reuters: Iran will issue bonds worth $1 billion in local and hard currency in the coming days to help finance the development of its energy sector, student news agency ISNA quoted a senior oil official as saying on Tuesday.

“We hope in the course of the coming days to issue bonds … to finance development of the country’s South Pars Gas field’s various phases,” ISNA quoted Seifollah Jashnsaz, managing director of National Iranian Oil Co., as saying……………………………………Full Article: Source

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