Middle East Economic Survey

VOL. LII

No 40

5-Oct-2009

IRAN

Iran Will Issue $1.4Bn Of South Pars Bonds By End-December

Tehran plans to issue its proposed $1.4bn worth of South Pars development bonds by the end of December, the Ministry of Petroleums PIN news service reported on 27 September. The report cited Mohammad Hassan Mousavizadeh, a senior adviser to the Pars Oil and Gas Company (POGC), as saying that the bonds would be offered internationally. While the National Iranian Oil Company (NIOC)...