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Latest News

Iran finds new gas field -oil minister

The field contains an estimated 70 billion cubic feet of gas .


October 11, 2010 11:09 by

Iran has discovered a new gas field in the northeastern Khorasan province, Oil Minister Massoud Mirkazemi said on Monday.

Mirkazemi told a news conference there was an estimated 70 billion cubic feet of gas in the field, 72 percent of which was recoverable.

(Reporting by Ramin Mostafavi; Writing by Robin Pomeroy)


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1 Comment

  1. Basel A-Shaban on October 12, 2010 8:22 am

    I hope this will assist in driving gas prices down in Iran.


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