VOL. XLIV
No 31
30-July-2001
IRAN
NIOC Discloses Towsan And Karanj Reserves Estimates
Mahmoud Mohaddes, Director of Exploration at theNational Iranian Oil Company (NIOC), has given reserves estimates for an oildiscovery and a gas discovery made last year, according to Iranian mediareports on 22 July. Mr Mohaddes told state radio that the Towsan offshore oildiscovery has estimated oil-in-place of 400mn barrels, of which 100mn barrelswould be recoverable. The find was made 35km southeast of the...
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