Iran discovers offshore natural gas field

06 July 2010

Iranian oil minister, Massoud Mirkazemi has announced the discovery of a new offshore natural gas field in the Gulf with reserves of more than 700 billion cubic metres, Reuters has reported. The Forouz field was discovered about 30km southeast of the island of Kish, he said, adding it had the capacity to produce 70 million cubic metres of gas per day.

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