(EnergyAsia, September 19 2011, Monday) — Helped by investment from China, Iranian officials believe their nation’s crude oil production could reverse recent declines and rise by 25% to exceed five million b/d by 2015. National Iranian Oil Company (NIOC) chief Ahmad Qalebani told the state media IRNA that his country is on course to achieve…
IRAN: With China’s help, NIOC says nation’s crude oil production could rise 25% to over five million b/d
Posted on September 19, 2011 by EnergyAsia