Middle East Economic Survey

VOL. LIII

No 35

30-Aug-2010

IRAN

Mirkazemi Inaugurates Hengam Field

Iranian Minister of Petroleum Masoud Mirkazemi on 25 August inaugurated the first phase production facilities for the offshore Hengam oil and gas field. Hengam is part of a structure that is shared with Oman, where it is known as West Bukha. Iran and Oman had previously discussed a joint development, but came to no agreement. Hengam early production started in May at an initial rate of 4,000 b/d of...