Tuesday, February 19, 2008

Azadegan Production Begins

Azadegan Oilfield, Phase I
IRNA Photo

Production at the giant Azadegan oilfield in Iran is to begin ahead of schedule this week. Azadegan, in the Khuzestan province, is the world's largest oilfield discovered in the past 30 years, with 33 billion barrels of proven reserves.

National Iranian South Oilfields Managing Director Seifollah Jashnsaz said that during the first phase of the development plan, 150,000 bpd of crude will be produced.

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