30 April 2013
National Iranian Oil Company's (NIOC) Director for Exploration Hormoz Qalavand announced the discovery of vast gas reserves in southern Iran.
"It is predicted that the vast natural gas reservoir starts from Borazjan (Bushehr province) and stretches up to the Minab fault line and Persian Gulf coastline," he said on Sunday.
Qalavand noted that the natural gas reservoir was explored and identified by drilling a 3,300-meter-deep well, Fars News Agency reported.
He also said rich hydrocarbon reserves, especially natural gas and light crude, were found in the hydrocarbon layer Zekin, the lower Paleozoic layer.
Earlier this month, Qalavand announced that the country discovered 15 oil and gas deposits in the last Iranian year (ended March 20, 2013).
Speaking to reporters, Qalavand said NIOC focused its oil and gas exploration activities along border areas in the last Iranian year, adding that the country found 15 new oil and gas layers last year.
Iran ranks third globally in terms of oil reserves while having the world's second-largest natural gas reserves after Russia.
National Iranian Oil Company's (NIOC) Director for Exploration Hormoz Qalavand announced the discovery of vast gas reserves in southern Iran.
"It is predicted that the vast natural gas reservoir starts from Borazjan (Bushehr province) and stretches up to the Minab fault line and Persian Gulf coastline," he said on Sunday.
Qalavand noted that the natural gas reservoir was explored and identified by drilling a 3,300-meter-deep well, Fars News Agency reported.
He also said rich hydrocarbon reserves, especially natural gas and light crude, were found in the hydrocarbon layer Zekin, the lower Paleozoic layer.
Earlier this month, Qalavand announced that the country discovered 15 oil and gas deposits in the last Iranian year (ended March 20, 2013).
Speaking to reporters, Qalavand said NIOC focused its oil and gas exploration activities along border areas in the last Iranian year, adding that the country found 15 new oil and gas layers last year.
Iran ranks third globally in terms of oil reserves while having the world's second-largest natural gas reserves after Russia.
© Iran Daily 2013
