Subscribe for full online access and get...
- Full, instant access to all stories
- Customised email alerts straight to your inbox
- Monthly print magazine
For the best possible experience using our website we recommend you upgrade to a newer version or another browser.
Iran is the world's third largest oil producer and second largest producer of natural gas - it has an estimated 16% of the world's reserves but delivers just 2% of output. It wants to double its oil producing capacity to 8M barrels/day by 2015.