26 Dec 2024
Sunday 13 October 2019 - 16:25
Story Code : 361268

Iran reports new natural gas field with 19 tcf reserve in Fars province

Reuters - Iran has discovered a new natural gas field with a 19-trillion-cubic-feet reserve in the southern province of Fars, the Oil Ministrys website SHANA reported on Sunday.

The new natural gas field is in the southern part of Fars province with 19 tcf gas in place, SHANA quoted Reza Dehghan, deputy director of the National Iranian Oil Company (NIOC), as saying.

Irans natural gas reserve is the worlds second largest but it has not yet become a major exporter because of international sanctions imposed on the country for decades.

Writing by Parisa Hafezi; Editing by Mark Heinrich
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