Bloomberg
By Ladane Nasseri
The field has already drawn an investment of $9 billion, Souri said in a report published on the Oil Ministry’s news website, Shana, late yesterday.
Iran needs $40 billion to develop all 28 phases of the South Pars gas field over a period of 10 years, the Oil Ministry said in November 2009.
Iran’s plan to develop South Pars, the world’s largest single gas deposit which the Persian Gulf country shares with Qatar, have been delayed by international economic sanctions over its nuclear program.