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To make $ 16 bn Investment in PSEEZ
Sunday, 05 June 2011 13:15
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To make $ 16 bn Investment in PSEEZ

To make $ 16 bn Investment in PSEEZ

managing director of Pars SEEZ Seyyed Pirouz mousavi said: Some $ 16 billion investment will be made in Pars Special Economic Energy Zone during current Iranian calendar Year (Started on March 21).

PSEEZNA- '' Ministry of Oil seeks to produce 700 million cubic meters gas from all phases of Pars SEEZ in order to implement its goals in the region,''mousavi said.

According to pre plan programs, it is predict that all phases of 15, 16, 17 and 18 of Pars Special Economic Energy Zones come on stream in the near future, he added.

''Some 200 to 210 million cubic meters of gas produce in the region per day which use both for local need and export, '' mousavi said.

‎‏‏‎Pars Special Economic Energy Zone (PSEEZ) was established in 1998 for the utilization of South ‎Pars oil and gas resources and encouraging commercial activities in the field of oil, gas and ‎petrochemical industries.

Facilitating for the on-time execution of various oil and gas projects, providing the appropriate ‎foundation to attract local and foreign partnership with the aim of developing oil, gas and ‎petrochemical industries as well as inter-related and downstream industries, creating local job ‎opportunities and attracting skilled and semi-skilled workforce from neighboring provinces with ‎regards to its positive effects on economic prosperity in the provinces of Bushehr, Fars and ‎Hormozgan.