Tehran claims world's 2nd biggest oil reserves
4.9 million bpd capacity predicted by march 2005
By Agence France Presse (AFP)
Monday, July 05, 2004
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Iranian Oil Minister Bijan Namdar Zanganeh announced Saturday that new oil discoveries in the southwest of the country meant the Islamic Republic held the number-two position in world crude reserves. "We now have the second largest oil reserves in the world, after Saudi Arabia," he told a news conference. This Article is only available in The Daily Star on-line archive. Containing over 100,000 articles, The Daily Star archive is an excellent information source and research tool for all events in Lebanon and the region since 1997.
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