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| Iran to issue $12bn bonds for oil projects |
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 Iran will issue $12 billion in bonds to finance development of its oil projects, Mehr news agency quoted an official as saying.“These bonds will be issued this year (Iranian year-end is in March). These bonds are different from those allocated for development of the South Pars gas field,” said Abdolmohammad Delparish, head of Integrated Planning at the National Iranian Oil Company. “By issuing these bonds, some part of the country's financing problems for the oil projects would be resolved,” Delparish said. (Source: Reuters)   Socialize this Subscribe to our RSS feed to stay in touch and receive all of TT updates right in your feed reader
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| Last Updated on 13 July 2011 15:03 |