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Oil reserves in Iran reached 138.4 billion barrels in 2007

According to British Petroleum, the total proven oil reserves in Iran in 2007 were 138.4 billion barrels which have represented a CAGR of 4.1% from 1997 levels of 92.6 billion barrels. Iran oil reserves accounted for 11.2% of the global oil reserves in 2007.

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