Economy of IRAN - Oil & Natural Gas

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  • Iran has the 3rd largest proven oil reserves in the world
  • the 2nd largest natural gas reserves in the world
  • It is the 4th largest petroleum producer

Iran has over 17 major oil fields, including the Azadegan Field (with 26 billion barrels) and the newly-tapped Yadavaran Field (at least 17 billion).

Recent oil price surges have greatly improved Iran's financial status and diplomatic muscle.

 

Back to IRAN

SOURCES:

CIA World Factbook - Guide to Rank Order
EIA - Energy Information Administration
Wikipedia: Iran - Economy
Background - CIA World Factbook - Reference Maps - Middle East
Foreground - Corzak Interactive