[lbo-talk] Iran oilfields need $100 bln to hit capacity target

[Jordan Hayes]

>> TEHRAN, May 27 (Reuters) - Iran's oilfields need at least
>> $100 billion worth of foreign investment over the next decade
>> to boost output by 1 million barrels per day (bpd) to 5 million
>> bpd, a senior Iranian oil official said on Sunday.

Wait, I can buy 1M bpd for ~$60M/day ... $100B would buy you 4.5 years 
of oil!  They are saying they'd get a 2:1 return (remember a decade is 
~10 years) ...?

What am I missing?

/jordan