Middle East Economic Survey


No 36



Norsk Hydro Sees 100,000 B/D Production Potential In Anaran Block Discovery

Norways Norsk Hydro sees the potential for production of 100,000 b/d of oil from a find in Irans Anaran block, following the testing of the Azar-2 discovery well (MEES, 15 August). Hydro Executive Vice-President Tore Torvund said in the Aftenposten newspaper of 31 August: We believe this is obviously a commercial find. There may be more than 1bn barrels at...