Head of the parliament's energy committee Fereydoon Hassanvand said with
36,000 ml/d of gasoline production capacity, the project will turn Iran into an exporter
of gasoline, generating considerable revenues.
"But it is left unfinished for 260 million dollars of investment,"
the MP said.
Addressing the parliament's open session on Tuesday, Hassanvand said
14.5% of the country's oil revenues has been earmarked as the Iranian Ministry
of Petroleum budget, adding the body consumed $7.5 billion for its current
costs in the current Iranian calendar year which began on March 21.
He noted that 3 billion dollars would be enough to develop 6 phases of
the supergiant South Pars Gas Field, which, once fully developed, will
generated 12 billion dollars per year of revenue for the country.
However, he complained, the projects' development is being postponed
due to lack of finances.