VOL. XXXV
NO. 11
16-DECEMBER-1991
Iran
NIOC Launches Ambitious Exploration Program
The National Iranian Oil Company (NIOC) has embarked on an ambitiousfive-year exploration program which aims to discover around 500mn barrels/yearof recoverable oil (or 2,500mn barrels during five years) and about 40 trillioncu. ft. of gas, according to the Director of Exploration and Production at NIOC,Mr. A. Moshtaghian. Speaking to MEES in Tehran, Mr. Moshtaghian outlined hiscompany's plans to step up its...
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