Iran makes huge oil discovery

Iran has found a huge new oil deposit, extending its crude reserves by around one third.

Photo: Jon Nazca/Reuters/Ritzau Scanpix

Iran has discovered an oil field containing 53 billion barrels of crude, informs Iranian President Hassan Rouhani in a speech on national television.

Rouhani says the field is located in the petroleum-rich Khuzestan province in the southern part of the country. The field's surface area is approximately 2,400 meters2.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Trial banner

Latest news

See all jobs