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Yadavaran Field is an oil field located in Khuzestan, Iran. The name is new, as the field is made up of two former fields, Koushk (discovered in 2000) and Hosseinieh (discovered in 2002). After researchers discovered that the two fields were actually connected, the field was renamed as the Yadavaran Field. The field is estimated to have reserves of up to 17 billion barrels of oil, with 3 billion considered to be recoverable.On October 29, 2004, Iran negotiated a $70 billion deal with Sinopec , giving the Chinese company a 51% stake in the field. As part of the deal, China agreed to buy 10 million tons of liquified natural gas (LNG) from Iran per annum for 25 years. The field is not projected to begin production until after 4 years.
Oil fields
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