Middle East Economic Survey


No 4



Iran Announces Discovery Of Major Gas Field

Irans Minister of Petroleum Masoud Mirkazemi announced on 16 January the discovery of a large onshore gas field that is located to the east of the port city of Assaluyeh. He said that the Khayyam field is estimated to have 260bn cu ms of gas in place, of which 80% is recoverable, along with 220mn barrels of condensates. Mr Mirkazemi said that the field could produce up to 220mn cmd of gas...