01.06.2009 - Iran plans $12.3 bln bonds to fund key gas project
From Forbes.com: Iran plans to issue $12.3 billion of foreign currency and rial-denominated bonds over the next three years to help finance the development of its major South Pars gas field in the Gulf, a state firm said on Sunday. Total investment needs for remaining projects to develop South Pars, the world's largest pure gas reservoir, amount to $50 billion, Pars Oil and Gas Company Managing Director Ali Vakili said in a statement. The company is part of the National Iranian Oil Company.......Full Article: Source
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