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South Pars to lead Iran out of stagnation

1 Jun 2015 - 2:33


TEHRAN May 31(Shana)--A presidential advisor has said that development of South Pars gas field would push Iran’s economy out of stagnation.

“Activation of production units like South Pars would raise the country’s economic balance,” Masoud Nili said.

He said the government should focus on activating South Pars in order to compensate for its oil revenue losses. Nili said Iran has lost $13 billion in petrodollars.

He also said that the country’s economy has improved due to the easing of some restrictions.

By SHANA


Story Code: 166519

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