A private company has invested to develop Abarkouh gas-to-liquids (GTL) plant in Yazd Province, the governor said.
"Saman Faraz Gheshm Co., one of the main suppliers of oil and gas equipment in Iran, will fully fund the long-delayed GTL venture that needs $800 million," Mohammad Kazemi-Nasab was quoted as saying by ISNA.
Work on the plant started in 2013 but could not move forward as planned due to unknown financial constraints.
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