Iran's oil production costs $3-7 per barrel depending on extraction zone
Iran's Deputy Petroleum Minister Masoud Hashemian Esfahani said that the cost of oil production in Iran varies from $3 to $7 per barrel depending on whether the extraction is offshore or onshore. Iran's oil production costs are relatively low, but can vary from $3 to $7 per barrel depending on whether the oil is pumped from offshore or onshore basins, acting Deputy Petroleum Minister Masoud Hashemian Esfahani said Wednesday. "The cost of oil production in Iran varies from $3 to $7 [per barrel] depending on whether the extraction is offshore ...
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