Iranian authorities have unveiled the discovery of a new gas field in the south of the country that could contain up to 19 trillion cubic feet of natural gas.
The state-owned National Iranian Oil Company (NIOC) said the Eram field was discovered in the south of Fars province “after years of serious endeavors by Iranian experts”.
Of the estimated 19 Tcf total, some 13 Tcf is believed to be recoverable.
The field is situated some 200 kilometres south of Shiraz and 60 kilometres north of Assaluyeh, 25 kilometres east of Khonj County, NIOC said.
The field stretches for around 50 kilometres, with an average width of 5 kilometres, it added.
“Experimental results show that the field should contain quality gas,” NIOC added.