Middle East Economic Survey

VOL. LIII

No 6 

8-Feb-2010

IRAN

Azadegan Oil Production Increased To 40,000 B/D

The National Iranian Oil Company (NIOC) has raised output from an early production system in the Azadegan oil field by 13,000 b/d to 40,000 b/d, according to the Ministry of Petroleum’s PIN news service. Abdolmahdi Mojtahedi, Managing Director of NIOC subsidiary Karun Oil and Gas, was quoted on 1 February as saying: “After seven development wells have become...