TEHRAN, Oct 01 (Shana) – Managing Director of Pars Oil and Gas Company Mohammad Meshkinfam says 20 billion dollars needs to be invested in the offshore South Pars gas field.

Meshkinfam said the investment would be needed to check pressure fall and maintain production in South Pars.

He said after development of all phases of South Pars, the second phase of activities in the field will start.

He asked National Iranian Oil Company to put the sum at the disposal of his company.

By SHANA