Middle East Economic Survey

VOL. LIII

No 30

26-Jul-2010

Qatar Eyes Iran As Tehran Pushes Shared Oil Field Development

Iran is preparing to start production from an offshore oil structure it shares with Qatar known as al-Shaheen to the Qataris and South Pars to the Iranians, MEES understands. The Iranian initial production target is 35,000 b/d, and state-owned National Iranian Oil Company (NIOC) is also studying a proposed project to lift output to 54,000 b/d.

Tehran is pushing the development...