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Commodities

Iran's South Azadegan Oil Production Surges Past 183k BPD

Guavy AI Editorial Team
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Oil
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The South Azadegan oil field in Iran has seen significant production increases. According to PEDEC CEO, production has risen from approximately 130,000 bpd at the start of the 14th administration (September 2024) to over 183,000 bpd. This marks a substantial increase in just under two years.

The production boost is a positive development for Iran's oil industry, but no specific details were provided about the factors contributing to this growth.

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