Friday 19 June 2026
Pars Special Economic Energy Zone Pars Special Economic Energy Zone
X
Iran's energy capital
The 38 % Increase in South Pars Investments
Tuesday, 24 April 2007 13:47
133
Category:
  • دانستنیهای سلامت
  • سردبیر
  • خبر
چچ
The 38 % Increase in South Pars Investments

The 38 % Increase in South Pars Investments

“Investments in South Pars have increased up to 38% during last year.” The Oil Minister in a news conference said: “more than $ 14/3 billion has been invested in oil industry last year which shows $1billion growth comparing the year before.”

Vaziri Hamaneh talked about South Pars’ share of Investment attraction and pointed out:” South Pars’ advantages and capacities were the most important reason in deals increase of Ministry of Petroleum.”
”Sixth, 7th, 8th, 9th and 10th South Pars phases are under construction and 15 to 18 phases are in financing and order process.” The Oil Minister confirmed and said: “Sixth phase will start its production in August.”
Vaziri Hamaneh talking about Iran’s gas transition to United Arab Emirates ( UAE); Hamaneh said: “No proposal has been received yet; and surly before the price change, no exportation is done.” He also added:” in the case of more delay, we will find a proper alternative for UAE.”