Large gas field discovered in southern Iran
Large gas field discovered in southern Iran

TEHRAN (Iran News) – Iran has discovered an important offshore gas field in its southern region, according to a report on Wednesday. The offshore gas field has been discovered 3,900 meters deep in the ground, and it is said to be capable of production for 16 years of gas consumption in capital Tehran. Seyed Saleh […]

TEHRAN (Iran News) – Iran has discovered an important offshore gas field in its southern region, according to a report on Wednesday.

The offshore gas field has been discovered 3,900 meters deep in the ground, and it is said to be capable of production for 16 years of gas consumption in capital Tehran.

Seyed Saleh Hendi, the exploration manager at the National Iranian Oil Company, confirmed the discovery of the gas field, saying “the field was discovered after one year of constant exploration in southern parts of Iran.”

Further details about the gas field will be soon disclosed by the CEO of the National Iranian Oil Company, according to the report.

According to the Iran Petroleum Ministry, the proved natural gas reserves of Iran are about 1,201 trillion cubic feet (34.0 trillion cubic metres) or about 17.8% of world’s total reserves, of which 33% are as associated gas and 67% is in non associated gas fields. It has the world’s second largest reserves after Russia.[1][2] As it takes approximately 5,850 cubic feet (166 m3) of gas to equal the energy content of 1-barrel (0.16 m3) of oil, Iran’s gas reserves represent the equivalent of about 205 billion barrels (3.26×1010 m3) of oil.

The US Energy Information Administration estimated Iran’s proved gas reserves as of 2016 to be 1,201 trillion cubic feet (34.0 trillion cubic metres),[3] rendering it second in the world.

  • source : MNA, Irannews