Iran seeks multi-billion dollar investment

Baker, John
June 2007
ICIS Chemical Business;6/18/2007, Vol. 2 Issue 71, p34
Trade Publication
The article reports on the need for Iran to attract about $94 billion in foreign investment if the country's natural gas production is to expand to feed petrochemical plants. According to Iranian Oil Minister Kazem Hamaneh, the country also needs $43.7 billion in domestic resources in order to attain the ideal production level. A major part of Iran's natural gas production increase will come from the country's largest gas field, South Pars.


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