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  • Iran Has Started Developing Two Oil Fields

    Iranian authorities on Saturday began developing two oil fields called Sepehr and Jafir, located in the southwestern Iranian province of Khuzestan.

    Iranian Oil Minister Javad Ouji said that the average production volume from the two fields is estimated at 74 thousand barrels per day.

    “In the presence of President Ebrahim Raisi, the exploitation of the Sepehr and Jafir oil fields began with an average daily production of 74 thousand barrels of oil. These oil fields were put into operation through an investment of $2.8 billion,” said Oudji, whose words were published on the Telegram channel government of Iran.

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