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Zanganeh: TEHRAN, Nov. 11 (MNA) – Iranian Oil Bijan Namdar Zanganeh said the newly-discovered oilfield in Khuzesan, named Namavaran, has an estimated 53 billion barrels of in-place oil. Addressing reporters on Monday, the minister said the new discovery had added 22 billion barrels of crude oil to previous estimates of the field, which stood at […]
TEHRAN, Nov. 11 (MNA) – Iranian Oil Bijan Namdar Zanganeh said the newly-discovered oilfield in Khuzesan, named Namavaran, has an estimated 53 billion barrels of in-place oil.
Addressing reporters on Monday, the minister said the new discovery had added 22 billion barrels of crude oil to previous estimates of the field, which stood at 31 billion barrels.
He said the field now is estimated to hold 53 billion barrels of crude oil in place and there is a possibility of its southward continuation.
Assuming a 10% recovery rate in the field, 2.2 billion barrels of crude oil have been added to the country’s crude oil production capacity, he said.
This is the second-largest oilfield discovered in Iran following the Asmari Oil Layer in Gachsaran with 54 billion barrels of oil in place.
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Iran exported more than 210,000 tons of fishery products worth $650 million to 67 different countries in the previous Iranian calendar year (ended on March 19), according to the head of Iran’s Fishery Organization (IFO).
An official at the agricultural organization of Mazandaran province said that 125,700 tons of the kiwi and citrus fruits have been exported from this northern province of Iran since the current Iranian calendar year started (March 20, 2024).
The head of Iran’s Trade Promotion Organization (TPO) said the country has established a SWIFT-like financial system to do business with several countries in national currencies.
A Hidden Paradise in the Heart of the Iran Desert
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