VOL. XXXIII

NO. 47

27-AUGUST-1990

Iran

Iran Gas Strike in Caspian Sea Suggests Large Reserve

Iranian Oil Minister Gholamreza Aghazadeh disclosed on 22 August that a welldrilled in the Caspian Sea had struck gas at a depth of 4,219 meters and addedthat the discovery confirms prospects that there are substantial oil and gasreserves in the area. He noted that the presence of hexane gas suggests that oilmay underlie the gas formation. The well is located some 30 kms from BandarAnzali on the...