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Page added on October 24, 2005

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Some Oil Flows From Iran Soroush, Nowruz Fields

Crude production has resumed at Iran’s Soroush and Nowruz oil fields, although the two offshore fields “aren’t running at their plateau of 130,000 barrels-a-day,” an Iranian oil official told Dow Jones Newswires Monday….


Earlier Monday, tanker trackers Petrologistics revised down its estimate for crude supplied by Iran in September to 3.6 million b/d from its earlier forecast of 3.85 million b/d.

It said the lower figure was partly due to the two fields being shut in and also because Iran is putting a lot of its heavier grades of crude oil into storage due to a lack of buying interest.
Schlumberger



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