ID :
128908
Mon, 06/21/2010 - 13:35
Auther :

Iran discovers major natural gas deposit

TEHRAN, June 21 (MNA) -- Iran has discovered 2.19 trillion cubic feet of in-place natural gas reserves in the existing field of Toos, northeast of the country, SHANA News Agency reported.

“The development of the new reserves would require the drilling of six wells,” the Managing Director of National Iranian Oil Company Ahmad Qalebani said.

Iran, a major crude exporter, sits on the world's second-largest natural gas reserves after Russia, but sanctions that hinder access to Western technology and other factors have slowed its development as a major exporter.

Seismologic studies had also verified last week 30 billion barrels of in-situ oil at the Arvand-Kenar oilfield near Abadan in southwestern Iran.

Iran has the world’s second-largest reserves of natural gas. The country also holds the world’s third-largest proven oil reserves at nearly 138 billion barrels or over 10 percent of the world’s total, according to BP’s 2010 statistical review. Iran is also the world’s fifth-largest oil exporter.


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