Middle East Economic Survey


No 32



South Pars Development Bonds Met With Skepticism From Bankers

Bankers in Iran and international banks are skeptical that proposed South Pars development bonds will meet with any success in the international market. Mohammad Mousavizadeh, a senior advisor to the Pars Oil and Gas Company subsidiary of the National Iranian Oil Company (NIOC), had told the Ministry of Petroleums PIN news service on 7 July that Bank Mellat has been selected by...