Iran Economy NewsIran to notify OPEC of increased oil reserves in...

Iran to notify OPEC of increased oil reserves in late 2010

-

Bloomberg: Iran will notify the Organization of Petroleum Exporting Countries Secretariat of a rise in its oil reserves toward the end of this year, said Iran’s OPEC Governor Mohammad Ali Khatibi.

By Ladane Nasseri

Oct. 25 (Bloomberg) — Iran will notify the Organization of Petroleum Exporting Countries Secretariat of a rise in its oil reserves toward the end of this year, said Iran’s OPEC Governor Mohammad Ali Khatibi.

Iran’s proven oil reserves have reached 150.31 billion barrels, Oil Minister Masoud Mir-Kazemi said Oct. 11.

The figure was announced after Iran reviewed its newly found oil fields and studied secondary reserves and is official, Khatibi said in a report published today on the Oil Ministry’s news website, Shana.

Iran’s reserves previously stood at 136.6 billion barrels, according to BP Plc’s Statistical Review of World Energy.

Latest news

Iran Regime’s Clerics Fear Their Inevitable Overthrow

The danger of demise is greatly scaring the Iran regime’s top clerics, forcing them to confess about it in...

Iran’s Regime Playing With Fire

Trapped in the nuclear talks, which are teetering on the verge of collapse, the Iranian regime has launched a...

Iran and Hezbollah Face Blame for Dual Financial Crises

The United States Treasury Department announced on Friday, January 21, that it would be enforcing sanctions on three Lebanese...

Iran – Conflicting State Policies Deepen Social Crises

The Iranian regime has decided to spend about $800 million to encourage more childbirths in 2022 in an attempt...

NCRI Hosts Conference in France To Address the Need To Hold the Iranian Regime Accountable for Its Crimes

On January 17, the National Council of Resistance of Iran (NCRI) hosted a conference in Auvers-sur-Oise, north of Paris,...

Iran’s Regime Tries To Whitewash Its Crimes

Iran’s State Prisons and Security and Corrective Measures Organization, which is under the supervision of the Judiciary, has distributed...

Must read

Urging Canada’s Government to demand UN inquiry into Iran’s infamous1988 Massacre

Iran Focus London, 8 October - On October 7, the National...

Iran announces more arrests made

AP: Authorities arrested a number of Iranians allegedly connected...

You might also likeRELATED
Recommended to you