(Reuters) - Iran is planning an investment fund outside the Islamic Republic to raise finance for its huge South Pars gas field and circumvent a financial squeeze by Washington, a top Iranian energy official said on Sunday.
As the United States pushes for tighter U.N. sanctions on Iran over its atomic work, Akbar Torkan, head of the Pars Oil and Gas Company, said Tehran would base the fund in Bahrain or Dubai, both regional financial centres.
Read more at Reuters Africa
As the United States pushes for tighter U.N. sanctions on Iran over its atomic work, Akbar Torkan, head of the Pars Oil and Gas Company, said Tehran would base the fund in Bahrain or Dubai, both regional financial centres.
Read more at Reuters Africa
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