Middle East Economic Survey

VOL. L

No 52

24-December-2007

IRAN

Mohaddes Discloses Ferdows And Golshan Reserves Increase

National Iranian Oil Company (NIOC) Director of Exploration Mahmoud Mohaddes disclosed resources estimates for the Ferdows and Golshan oil and gas fields in a 15 December radio broadcast. He said that the Ferdows field oil-in-place was estimated at 31bn barrels and gas-in-place at 50 tcf, with Golshan oil-in-place estimated at 700mn barrels and gas-in-place at 900 bcf. The two...