TEHRAN, March30, YJC- Iranian Oil Minister Bijan Zangeneh said the country is going to inaugurate $20 billion plans in South Pars Gas Field in the current Iranian calendar year (started on March 21, 2017).
TEHRAN, Young Journalists Club
(YJC)-"This year will be a great year for the oil industry and the country’s industry with inaugurating $20 billion plans in South Pars Gas Field,” he said.
"This year will be an exceptional year and we will have a large and historically unprecedented inauguration in oil industry and the country’s whole industry,” he added.
Zangeneh further noted that the plans include several gas phases and petrochemical projects.
He also said that Iran is able to outpace Qatar in production from joint South Pars Gas Field.