Tag Archives: Development

The Azadegan field has oil-in-situ reserves of about 33.2 billion barrels and recoverable resources are estimated at about 5.2 billion barrels.

More than 140 members of IGU are associations and corporations representing over 95% of the global gas market.

We need to shift our focus to speeding up the development of shared oil and gas fields.

Technology transfer is an important issue in a country’s progress and Iran is ready to do it even in advanced fields including nanotechnology.

South Azadegan is believed to hold an in-place oil reserve of about 33.2 billion barrels.

POGC is also collaborating with an unnamed French company to offset the natural decline in South Pars extraction rate .

OPEC and non-OPEC countries agreed to extend production cuts for nine months.

Currently. Iran has agreements with Iraq and Oman to supply 28 bcm y of gas.

Uganda estimates overall crude reserves at 6.5 billion barrels. while recoverable reserves are seen at between 1.4billion and 1.7 billion barrels.

Iran has the capacity to raise hydroelectric power production to 30.000 MW.