Iran Claims 3Bn Barrel Oil Reserves Boost
Iran’s recoverable crude oil reserves have increased by 3bn barrels to around 157bn barrels in the current Iranian year (20 March 2012 – 20 March 2013), Iranian Minister of Petroleum Rostam Qasemi said this week on the sidelines of an energy industry conference in Tehran.
 “All of the studies that were being conducted on the new oil fields we announced earlier this [Iranian] year have...