BREAKING: Iran announces the discovery of major gas reserves worth over $165 billion, containing more than 7.5 trillion cubic feet of "sweet" natural gas, the highest quality type with close to zero impurities, plus significant gas condensates, Iran’s oil minister told IRIB.
The field, located in southern Fars province, has recoverable gas of approximately 5.7 trillion cubic feet, equivalent to 15 years of production from one phase of the South Pars gas field, the world's largest, shared with Qatar. Iran will now accelerate planning and operations immediately to bring the field onstream as quickly as possible.
Mike
The field, located in southern Fars province, has recoverable gas of approximately 5.7 trillion cubic feet, equivalent to 15 years of production from one phase of the South Pars gas field, the world's largest, shared with Qatar. Iran will now accelerate planning and operations immediately to bring the field onstream as quickly as possible.
Mike
