VOL. XXXII

NO. 37

19-JUNE-1989

IRAN

Production Capacity to Be Increased to 4mn b/d, Says Aghazadeh

Iran's current crude oil production capacity is around 3.5mn b/d, Mr.Gholamreza Aghazadeh, the Iranian Oil Minister, told a press conference inVienna on 4 June. The Iranian official added that his country intends to raisecapacity from both onshore and offshore areas to around 4mn b/d during the nextfive years. Mr. Aghazadeh said that the current offshore production capacity inthe Gulf is around...