(EnergyAsia, October 27 2010, Wednesday) — Iran has substantially boosted its oil reserves data to 150.31 billion barrels on the heels of a similar revision by Iraq earlier this month. The revisions, unsubstantiated by independent surveyors, will likely spark similar moves by other members of the Organisation Petroleum Exporting Countries (OPEC) seeking to increase their…
IRAN: Minister announced 9% boost in crude oil reserves
Posted on October 26, 2010 by EnergyAsia