the mineral industry of iran by philip m mobbs hydrocarbon sector which included natural gas crude and refined oil petrochemicals was foundation iranian economy production averaged about 3 4 million barrels per day mbbl d in 2002 compared with 7 2001 constrained organization petroleum exporting countries opec ceilings lowest reported annual output since 1992 2003 p xi according to us energy information administration world s fourth largest producer after saudi arabia russia united states bp plc 1 statistical review ranked as sixth liquids mexico china this middle eastern country supported a population 67 people an area 648 196 square kilometers gross domestic product gdp based on purchasing power parity valuation estimated international monetary fund be more than 497 billion