All SP phases to be operational by March 2018

EghtesadOnline: By end of the Iranian calendar year of 1396 (March 21, 2017-March 20, 2018) all phases of Iranian South Pars gas field will be operational, which means more jobs and exports of oil derivatives.

News ID: ۷۳۹۶۳۰

05 February 2017

Deputy Head of the Presidential Office Morteza Bank told a group of officials in Damavand, a city northeast of Tehran, on Saturday that for the first ever after triumph of the Islamic Revolution, Iran has reached the point that value of non-oil exports exceeds imports, according to IRNA.

Bank said that otherwise, fall in value of oil would have resulted in a big catastrophe in Iranian economy.

He said Iran’s current administration has the honor of creating 700,000 jobs a year within a period of three years.