Iran central bank says banking system will fund gas facility repairs

Cointime update: Iran’s central bank governor Abdolnaser Hemmati said the banking system will continue financing repairs to gas facilities, after about one-third of the country’s gas production capacity went offline due to enemy strikes. Speaking during a visit to the South Pars gas complex’s fourth refinery on Saturday, Hemmati said domestic experts are restoring the damaged capacity without imported equipment and that banks have so far provided the necessary support.