No Barrier to South Pars Funding

There is no funding constraint to developing phases 13 and 22-24 in South Pars Gas Field in the Persian Gulf, managing director of Pars Oil and Gas Company said. 
"The Majlis has authorized the National Development Fund of Iran to lend $4 billion to wrap the entire project," Mohammad Meshkinfam was quoted as saying.
Meshkinfam said almost $80 billion has been invested to develop 19 phases of the mega gas project and another $4 billion is needed for the remaining five phases that is being allocated gradually.