Substantial Rise in Oil, Gas Extraction From Joint Fields

Oil and gas extraction from joint fields, including the giant South Pars Gas Field in the Persian Gulf and West Karoun Oil Block in the southern Khuzestan Province, has increased substantially over the last decade.
Based on information from the Oil Ministry and the National Iranian Oil Company, Iran has 28 joint fields with neighboring countries, of which 18 are oilfields, six are gas fields and the rest are oil and gas fields, IRNA reported.
Of the total joint fields (28), 12 are shared with Iraq, seven with the UAE and two are shared with Qatar and Oman. Iran also shares oil and gas fields with Kuwait and Turkmenistan.