VOL. XLVI

No 10

10-March-2003

IRAN

Gachsaran Oil Production Estimated At 10Bn Barrels Over 45 Years

Irans giant Gachsaran oilfield is estimated to have yielded 10bn barrels of oil since production first began 45 years ago. The official Iranian news agency IRNA on 24 February quoted Ali Moradi, Governor of Gachsaran, as saying that a further 9bn barrels of oil was still recoverable from the field. He estimated that the production capacity of Gachsaran was currently 650,000 b/d.

Gachsaran is one of a...