Iran says it discovered over 7.5 trillion cubic feet of gas
- Iran has discovered over 7.5 trillion cubic feet of natural gas in a field in southern Fars province, with recoverable gas estimated at about 5.7 trillion cubic feet , according to Oil Minister Mohsen Paknejad.
- Before the conflict, Iran's natural gas production was approximately 650 million cubic meters per day, equivalent to around 240 billion cubic meters annually.
- Iran has been repairing energy infrastructure damaged during the ongoing conflict with Israel and the United States, planning to restore about 100 million cubic meters per day of lost production capacity amid U.S. sanctions and war damage.
- The newly discovered gas is described as "sweet," which Paknejad said would reduce both development and operating costs for Iran’s energy sector.
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New significant addition to the country's natural gas reserves - First estimates
Iran discovers major new gas reserves amid war-hit energy sector
Iran on Sunday said it had discovered more than 200 billion cubic metres of natural gas in the southern Fars province, with more than 160 billion cubic metres potentially recoverable. The find comes…
Iran has discovered more than 7.5 trillion cubic feet (212.4 billion cubic meters) of gas in a field in the south of Fars province, according to the Minister of Oil, Mohsen Paknejad, quoted by the state media this Sunday. Exclusive material for subscribers. To have full access, access the link of the material and register.
Iran discovers new gas field in Southern Fars Province, says Oil minister Paknejad - The Tribune
On Sunday, Paknejad said, "Seven thousand five hundred billion cubic feet of gas have been discovered, and considering a recovery rate of 73 per cent, it is possible to extract 5 thousand seven hundred billion cubic feet of gas."
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