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Nouri Petrochemical Complex in Assalouyeh, Iran
The Nouri Petrochemical Complex (NIPC) is shown in the South Pars gas field in Assalouyeh, 1,000 km south of Tehran, Iran on January 27, 2011. The northern Persian Gulff complex, founded in 1964, is the second largest producer and exporter of petrochemicals in the Middle East. UPI/Maryam Rahmanian
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Iranian Oil News
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Proved oil reserves in Iran, according to its government, rank fourth largest in the world at approximately 150 billion barrels (24×10^9 m3) as of 2014, although it ranks third if Canadian reserves of unconventional oil are excluded.[1] This is roughly 10% of the world's total proven petroleum reserves. At 2006 rates of production, Iran's oil reserves would last 98 years if no new oil was found.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Iranian Oil."