NO. 17



Iran Producing 200,000 b/d from Offshore

The head of Iran's offshore oil company, Mr. Mohammad Aqaei, has said thatIran is currently producing 200,000 b/d from five offshore oil fields and thatoffshore capacity could rise to 500,000 b/d as a number of projects arecompleted over the next four years. Mr. Aqaei told a press conference in Tehranon 25 January that Iranian offshore production peaked at 300,000 b/d from 14fields in 1980, and that during the Gulf war...