I have posted a few articles re Iranian oil exports and I honestly don't think that what they export will 'flood' the market as some reports are predicting.
Iran's oil producing infra-structure is in quite a mess in that it hasn't been maintained nor upgraded / modenised and enhanced recovery systems haven't been put in place meaning production in some areas is drastically falling, as such Iran needs massive investment for which they are trying to attract the major oil companies to do however their past actions in the so called 'Islamic Revolution' will not make this easy!!! things that a lot of reports seem to blissfully signor.
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- an interesting article - at least imho
an interesting article - at least imho, page-10
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