Iran announced Wednesday that it will invest this year US$ 30 billion to raise the level of its oil and natural gas production.
A local news agency said "Iran?s five-year development plan has allocated investment of US$150 billion to develop oil and gas fields. It planned to invest US$30 billion this year in order to raise the level of production of oil and natural gas in the country.?
� 2011 Al Bawaba (www.albawaba.com)
Source: http://www1.albawaba.com/main-headlines/iran-plans-huge-investments-oil-and-gas-production
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