Middle East Economic Survey
VOL. LIV
No 49
5-Dec-2011
IRAN
Iran To Sell Long Term Gas Contract As Bonds
Ahmad Qalebani, Managing Director of the National Iranian, Oil Company (NIOC), told Mehr News Agency on 29 November that the country will issue rial and foreign currency denominated bonds in the form of over the counter gas futures contracts within the current five-year development plan (2011-15). Mr Qalebani said: Based on this plan, gas to be produced from gas fields will be sold to...
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