04.07.2012 - Iran fund allocates $14 bln to oil projects, Shana says
Iran will withdraw $5 billion next week from the National Development Fund to push through several oil projects, Iranian Oil Minister Rostam Qasemi said. The fund will allocate $14 billion to energy projects, Qasemi said, according to the oil ministry’s news agency, Shana. Iran has sufficient financial resources despite sanctions in place, Qasemi said in the report published today...............................................Full Article: Source
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