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Over the next four years, more than $21 billion will be invested in Iran's oil projects
.
More than $21 billion will be invested in Iranian oil projects over the next four years
According to a new report from GlobalData, the funds will be used to ensure Iran's oil production will increase to about 4.
9 million b/d
by 2021.
Iran has a total of 38 conventional oil fields, including 9 heavy oil fields and 19 condensate gas fields
.
The average capital expenditure required per barrel of crude oil for Iranian projects is expected to be $
3.
60.
The average capex for onshore projects is $3 per barrel of oil equivalent, while the full-cycle capex for shallow projects averages $5.
3 per barrel of oil equivalent
.
In addition, a British green investment company plans to invest 500 million euros
in a solar project in Iran.
By 2021, Iran will have 66 fields producing liquid hydrocarbons
.
,
Over the next four years, more than $21 billion will be invested in Iran's oil projects
.
More than $21 billion will be invested in Iranian oil projects over the next four years
More than $21 billion will be invested in Iranian oil projects over the next four yearsAccording to a new report from GlobalData, the funds will be used to ensure Iran's oil production will increase to about 4.
9 million b/d
by 2021.
Iran has a total of 38 conventional oil fields, including 9 heavy oil fields and 19 condensate gas fields
.
The average capital expenditure required per barrel of crude oil for Iranian projects is expected to be $
3.
60.
The average capex for onshore projects is $3 per barrel of oil equivalent, while the full-cycle capex for shallow projects averages $5.
3 per barrel of oil equivalent
.
In addition, a British green investment company plans to invest 500 million euros
in a solar project in Iran.
By 2021, Iran will have 66 fields producing liquid hydrocarbons
.
,