Page added on January 11, 2007
The existing major oil fields in Iran are: Ahwaz (1958), Aghajari (1936), Gacchsaran (1937) and Marun (1963). These four fields together, during their highest output, produced almost 4.5 million barrel of oil per day. All four reached their peak in late 60s to mid 70s. According to Mathew R. Simmons by 2003, these 4 oilfields’ combined production were reduced to 1.7 million barrel per day. [4]
The current US strategy is to starve the Iranian oil and gas industries of new investments, thereby reducing the Iranian government’s revenues which are hoped will in turn reduce Iran’s ability to maintain not only its armed forces, but also the government’s social obligations to its people (subsidies, salaries, etc.). It is hoped that this combined with international isolation and (with the help of Saudi Arabia) a reduction in oil prices (OPEC crude basket price: $51.25 per barrel on 8/1/07) will not only cripple the Iranian economy, but also (possibly) lead to a regime change. All attacks on the economy were being presented under the guise of stopping Iran from developing WMDs, and in particular Nuclear weapons.
Political Affairs
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