IRAN'S DEVELOPMENT BY GAZPROM
SHANA - Iran holds 102 oil and gas fields, 28 of which are jointly owned with neighboring countries. The joint onshore fields are shared with Iraq, while the offshore ones are located in the Persian Gulf and the Sea of Oman.
Due to the limited lifecycle of shared fields, the Iranian government has made significant efforts on the development of the jointly owned reservoirs in a bid to enhance their 7% share in national oil output. Meanwhile, the government economic plans require the oil sector to bring the country's…
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