TEHRAN, April 14 (UPI) -- As much as $1 billion worth of national development funds will be spent on upstream programs in Iran, including at South Pars, a senior energy official said.
Moshtaq-Ali Gohari, a director from the National Iranian Oil Co., said the government earmarked the funds for the calendar year that began in March. Parts of the South Pars gas complex and liquefaction factors in southern Iran would receive a majority of the funds, he said Sunday.