$ 20b Investment in South Pars to Be Put to Use Soon

Minister of Petroleum Bijan Zangeneh said that 20 billion dollars of investment made in oil industry will be put to use in near future.
He made the remarks on the sidelines of a visit to South Pars projects in the southern province of Bushehr.
Zangeneh told reporters that in the new Iranian year (which bgan on March 21). big developments and historic events will take place in the country’s oil industry.
He said that phases 12. 15. 16. 17. 18. 20. 21 and 19 of South Pars were among priorities of Petroleum Ministry and now all of them have been launched.
With new phases of South Pars being operational. we successfully passed winter time without any gas shoratge although gas imports decreased compared with the previous year.
 

About core

Check Also

Turkey to Drill Oil off Somali Coast Starting in 2025

Somalia says Turkey will begin drilling oil off the country’s massive coastline from next year, …

Leave a Reply

Your email address will not be published. Required fields are marked *