Middle East Economic Survey
VOL. XLVII
No 24
14-June-2004
IRAN
Irans Capacity Target Necessitates Policy Change, Says Fesharaki
Iran aims to raise its oil production capacity to 5.4mn b/d by 2010, and plans by then to be producing 4.6mn b/d while holding spare capacity in the manner of Saudi Arabia, according to Fereidun Fesharaki, President of FACTS Inc, Honolulu. In a keynote address to the Energy Security In The Changing World conference, organized by the Iranian Association for Energy Economics...
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