CA-NEWS (TM) - Iran plans to invest $6.8 billion for the development of gas projects in Turkmenistan in 2010, reported Credit.ru The money will be spent on the construction of the ninth transnational gas pipeline, on the construction of the second pipeline in Turkmenistan and for the construction of the oil refinery, according to the report. Analysts think that Iran needs money for the modernization and widening of the oil and gas sphere. International sanctions negatively influenced the economy of Iran and made Western companies to fear to invest to Iran.
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