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    market news

    Iran’s Azadegan oil field output at 40,000 bpd

    Investing News Network
    Feb. 03, 2010 01:24PM PST
    Market News

    On Wednesday, it was reported that the daily output at Iran’s Azadegan oil field has reached 40,000 barrels per day (bpd) and will soon hit 50,000 bpd.

    On Wednesday, it was reported that the daily output at Iran’s Azadegan oil field has reached 40,000 barrels per day (bpd) and will soon hit 50,000 bpd.

    The press release is quoted as saying:

    “The daily output of the Azadegan oil field reached 40,000 barrels following an increase of 13,000 barrels after the completion of seven new wells,” Jashnsaz, who also heads the state National Iranian Oil Company (NIOC), told the semi-official Mehr News Agency.

    Click here to access the entire press release

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