USD 40b investment made in Iran's South Pars
( Irna ) - An Iranian oil official said here Wednesday that 40 billion dollars have been invested in Iran's South Pars (SP) field.
Deputy Head of Human Resources Development and Research Department of Iran's Oil Ministry Mansour Moazzami added that the figure would increase considerably since important plans of the ministry for the field have not been implemented yet.
He stated that the volume of investment for implementation of infrastructure and development projects would be increased with start of executive works at North Pars.
The official predicted that some 20 billion dollars would be invested in North Pars.
He stated that the Iranian government has a resolve to develop the oil industry and materialize plans in this sector.