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Iran reveals 200 billion cubic metres of gas reserves in Fars province

Petroleum Minister Mohsen Paknejad announced the discovery of significant "sweet" gas reserves, a development that arrives as months of US-Israeli strikes continue to disrupt the country’s energy infrastructure.

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Adrian Cole
Political Correspondent
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Source: France 24 International · View original source
Iran discovers major new gas reserves amid war-hit energy sector
Middle East Energy

Iran has announced the discovery of a substantial natural gas field in the southern Fars province, with total reserves estimated at more than 200 billion cubic metres. According to official figures, over 160 billion cubic metres of this volume is potentially recoverable, marking a significant addition to the nation’s energy resources.

Petroleum Minister Mohsen Paknejad confirmed the find to state television, characterising the resource as "sweet natural gas." This technical designation indicates that the gas has very low levels of hydrogen sulphide, a toxic by-product that typically increases operating and development costs for energy producers.

The announcement comes at a critical juncture for the Iranian energy sector, which has faced significant disruption following the outbreak of the Middle East war in late February. Since then, joint US-Israeli strikes have targeted various components of the country’s infrastructure, including gas production facilities, oil depots, and key transport routes.

While the discovery offers a potential long-term solution to resource constraints, the immediate impact on current output remains limited. Bloomberg has reported that new production from this specific site is likely to be years away, suggesting that the reserves will not immediately alleviate the pressure on the war-hit energy network.

The timing of the revelation highlights the tension between domestic resource management and external military pressure. As the conflict continues to affect infrastructure, the Iranian government is emphasising the scale and quality of the new find to underscore the country’s underlying energy potential.

Independent verification of the gas composition and the precise timeline for extraction remains pending, with the initial details sourced from state media channels. The discovery nonetheless provides a focal point for energy policy discussions amidst ongoing regional instability.

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