Iran activates two oil fields

12 March 2024

The development of two oil fields began over the weekend in Iran.
The Sepehr and Jafir fields are located in the south-west of Khuzestan province, RIA Novosti writes with reference to the telegram channel of the Iranian authorities.
It is emphasized that the fields were put into operation in the presence of the country’s President Ebrahim Raisi.
It is assumed that the total production in both assets will amount to 74 thousand barrels per day, investments in the development of projects have reached $2.8 billion.