Iran is OPEC's second-largest crude exporter after Saudi Arabia and sits on the second-largest gas reserves in the world after Russia.
Iran discovered 13 new oil and gas fields with in-place reserves of 14 billion barrels of oil and 45 trillion cubic feet of natural gas during August 2009 to August 2010.
Only between March and December of 2010, Iran discovered seven gas fields and more fields are anticipated to be found in the current Iranian calendar year (started March 20, 2012).
Iran’s representative to the Organization of Petroleum Exporting Countries (OPEC) Seyyed Mohammad Ali Khatibi says Tehran is the second biggest producer in OPEC.
Rejecting reports about Iraq replacing Iran as OPEC’s second biggest producer, Khatibi said that according to formal data, the Islamic Republic ranks second.
Rejecting a Reuters report about Iran increasing crude exports to Turkey, Khatibi said, “Data provided by Reuters are not accurate at all. The news agency’s data about increasing or reducing crude export are completely wrong. This news outlet presents data based on political objectives.”
Khatibi reiterated the fact that Iran's crude exports follow a constant pattern.