Bijan Namadar Zanganeh
Iran opens new South Pars gas field phases worth $20 bln
Iran's President Hassan Rouhani inaugurated five new phases of the South Pars gas field on april 16, the result of some $20 billion in investment, local media reported.
The ribbon-cutting of phases 17-21 pave the way for Iran to surpass the production levels of neighboring Qatar, which shares half the offshore gas field, Iranian officials said.