VOL. XLIII

No. 23

5-June-2000

IRAN

Irans Production Capacity To Rise To 5Mn B/D By 2005; Kharg Storage Capacity To Rise To 20Mn Barrels

Iran intends to raise its oil production capacity from the current 4mn b/d to 5mn b/d within the framework of the countrys third development plan (2000-2005), according to Ahmad Rahgozar, Vice-President of the National Iranian Oil Company (NIOC) and CEO of NIOC International. In a paper on the Iranian Oil and Gas Industries presented at the Fifth Annual Asia Oil...