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Page added on April 30, 2007

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Iran oil, gas production on the rise

Iran’s oil production is expected to exceed 5.316 Mln barrels per day by the end of the country’s 5th Development Plan (early 2015).

“The volume of global gas consumption is expected to exceed coal in 2012 and the volume of global oil consumption is to be raised from the current 80 Mln barrels per day (bpd) to some 120 Mln bpd in that year”, he added.


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