Middle East Economic Survey


No 30


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...