Accessibility links

Breaking News

Iran Announces Major Oil, Gas Finds


8 March 2005 -- Iran has announced the discovery of two large oil and gas reserves near the southeastern city of Ahvaz.

Oil Minister Bijan Namdar Zanganeh said today that the new oil field, named Ramin, has estimated reserves of 5.7 million barrels of crude and 36 billion cubic meters of recoverable gas.

He said the new gas field contains an estimated 168 billion cubic meters of recoverable gas. He said it is a continuation of the giant South Pars field and close to the Balal offshore oil field.

(AFP)

RFE/RL has been declared an "undesirable organization" by the Russian government.

If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.

To find out more, click here.

XS
SM
MD
LG