Investors Pour Billions into Iran Oil Field

World Tribune.com:

Iran reports a USD23 billion in investments in the development of the South Pars natural gas field. An Iranian Oil Ministry official, Hossein Shahabeddin, said a range of Iranian and foreign investors have poured money into South Pars, regarded as the largest gas field in the world and shared by Iran and Qatar.
Shahabeddin said oil production from South Pars would soon begin in a project that would provide jobs for 150,000 people in the Bushehr province. READ MORE

A leading investor in South Pars has been Italy's Agip, Middle East Newsline reported. Officials said Agip has invested $809 million, far more than its commitments.

Officials said South Pars would complete 12 stages of development. They said that at that point the field would produce 300 million cubic meters of gas per day.