Iran eyes further 1 million bpd output boost from huge oilfields ...News

Russia Today - Economy
Iran eyes further 1 million bpd output boost from huge oilfields
source : Russia Today ( News ) () 4
Regardless of the outcome of the JCPOA talks, Iran is looking to boost the rate of recovery at its huge West Karoun oil cluster. Irrespective of how quickly a new iteration of the Joint Comprehensive Plan of Action (JCPOA) – ‘nuclear deal’ – is signed between Iran and the US, plus the remainder of the P5+1 group of nations that agreed the original version (the UK, France, Russia, China plus Germany), Tehran is now looking to increase its oil output from all of the fields that constitute its massive West Karoun cluster. With over 67 billion barrels of oil in place across the West Karoun oil fields, the Petroleum Ministry says that each

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