Middle East Economic Survey
VOL. XLVIII
No 50
12-December-2005
IRAN
Norsk Hydro Submits Commerciality Report For Azar Discovery
Norsk Hydro submitted a commerciality report for its Azar oil discovery to the National Iranian Oil Company (NIOC) on 5 December. After testing the Azar-2 discovery well on the Anaran block during the summer, Hydro estimated the production potential for the find at 100,000 b/d and oil-in-place at more than 1bn barrels (MEES, 5 September). In August a production test...
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