Iran to invest $ 16 billion in South Pars gas field
Iran will invest more than $16 billion in South Pars gas field to develop its remaining phases in the current Iranian calendar year, the managing director of Pars Special Economic Energy Zone said.
Iran will invest $38 billion in gas industry by the end of the Fifth Socio-Economic Development Plan and plans to double gas production capacity, Naft news reported quoting Managing Director of National Iranian Oil Company Javad Ouji as saying.