14.11.2011 - Iran to issue $5 bln in bonds for South Pars

Five billion dollars in bonds will be issued in the current Iranian calendar year (to end March 20, 2012) to speed up the implementation of South Pars gas field projects, the National Iranian Oil Company’s managing director Ahmad Qalebani said. Iran will also issue $15 billion in sukuk bonds in the current year to be invested in the domestic oil industry, oil minister Rostam Qasemi said earlier this month...............................................Full Article: Source

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