On 25 June 2012, Iranian banks began selling bonds on behalf of the Pars Oil and Gas Company.  The plan is to raise $3 billion USD to use for development of the massive South Pars natural gas field.

So far $5 million USD in tax free bonds have been sold.

The people who buy the bonds can remain anonymous, and can transfer them to a third party. Any profits on the bonds are calculated on a daily bases, and paid out every three months.

If full o’crap western news media reports are true, about Iranian petroleum products being backlogged because of the sanctions, they why is Iran pushing so hard to expand their petroleum industry?