Middle East Economic Survey

VOL. L

No 52

24-December-2007

IRAN

Launch Of South Pars Investment Fund Gets Closer

The South Pars investment fund has entered the detailed planning stage, Iranian Petroleum Minister Gholamhossein Nozari said last week. All countries would be invited to participate in the fund, but the Gulf states would be given priority, he said, adding that South Pars projects, especially LNG, are profitable and attractive to domestic and overseas investors. The minister envisaged the...