Middle East Economic Survey

VOL. LIV

No 21

23-May-2011

IRAN

Iran To Treble Gas Reinjection Allocation

Irans Deputy Minister of Petroleum for Planning, Mohsen Khojasteh, told Mehr News Agency on 18 May that the Ministry of Petroleum has decided to treble over the course of the current five-year plan the amount of natural gas allocated for reinjection in aging and redeveloped oil fields. He said that Iran uses almost 20% of its annual gas production in enhanced oil recovery (EOR) programs,...