Huge oil field discovered in Iran
Sat, 21 Apr 2007 17:45:56
Engineers at the National Iranian Oil Company (NIOC) have discovered an abundant oil field with a capacity amounting to 1600 million barrels.
In an address at Tehran's 12th International Oil Exhibition on Saturday, the director of the NIOC Gholam- Hossein Nozari said the new field enjoys rich and light crude oil and described the breakthrough as a gigantic step in developing Iran's oil industry and economic prosperity.
He also referred to a new capacity increase in another significant Iranian site known as Azar oilfield.
"The NIOC is currently considering a contract with Omani officials to jointly operate the Hengam Gas Field," Nozari told reporters.
http://www.presstv.ir/detail.aspx?id=6913§ionid=351020103
- Forums
- ASX - By Stock
- huge oil field discovered in iran
huge oil field discovered in iran
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries