Iran to issue $5 billion in bonds for South Pars
Five billion dollars in bonds will be launched in the current Iranian calendar year (to end March 20, 2012) to speed up the implementation of South Pars gas field projects. Iran will also launch $15 billion in sukuk bonds in the current year to be invested in the domestic oil industry. The statement came from the National Iranian Oil Company’s managing director Ahmad Qalebani.
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