VOL. XXXIV
NO. 37
17-JUNE-1991
Iran's Oil Capacity Expansion Plans
MEES Editor Ian Seymour Takes a Detailed Look at Iran's Ambitious OutputCapacity Expansion Plans
In a major effort to put its oil industry on a firm footing for the 1990s,Iran is planning to spend some $5bn on expanding its oil production capacityto close on 5mn b/d by March 1993 from the present level of around 3.4mn b/d. Ofthis $3bn will be allocated for development offshore, and $2bn onshore. Inaddition, a further sum of $1.4bn...
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