Arm of Iranian military set to enter energy sector
Revolutionary guards have won contract to develop gas field
By Agence France Presse (AFP)
Wednesday, June 28, 2006
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Iran's powerful ideological army, the Islamic Revolutionary Guards Corps (IRGC), is set to enter the oil and gas sectors in a move that would increase their stake in the Islamic Republic's economy. "The Revolutionary Guards have obtained the contract to develop phases 15 and 16 of South Pars," a huge offshore gas field divided.
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