"According to the agreements, Bahrain will invest in phases of South
Pars and Iran will take part in Bahrain's refining and petrochemical
industries, and finally Iranian gas will be exported to Bahrain," Mottaki
said in a statement on June 29.
Under an agreement in principle signed in 2008, Iran pledged to export
one billion cubic feet of gas per day to Bahrain. The following year, Manama
severed negotiations after leading Iranians
claimed that Bahrain was a province of their country.