No 47



Iran Reveals End-1999 Reserves Breakdown For Oil And Condensate Fields

Irans Ministry of Petroleum has revised upwards by more than one third its estimate of the countrys oil and condensate reserves after a major study (MEES, 17 November). In a submission of data to OPEC, the ministry provided the most current information on estimated reserves in existing developed and undeveloped fields as of end-1999. The data was presented in what is viewed as a move by...