EghtesadOnline: The cost of developing the second phase of North Azadegan Oilfield in Khuzestan Province are expected to be reduced due to the removal of international sanctions in January, the executive director of the oilfield’s development plan said Monday.
EghtesadOnline: Operator of North Azadegan oil field development project Keramatollah Behbahani said following commissioning of the first phase of the project for development of North Azadegan field, 75,000 bpd oil will be produced out of the field jointly owned with Iraq.
EghtesadOnline: Amid the snake-infested marshlands on Iran’s border with Iraq, the control room monitoring North Azadegan oil field is manned entirely by Chinese technicians. In central Tehran, hundreds of Chinese pour out at noon from the telecommunications company Huawei to its canteen. There are now so many Chinese expatriates here, some say they outnumber all other nationalities combined.