VOL. XXXVII

NO. 19

7-FEBRUARY-1994

Iran

Iran Discloses Big New Offshore Gas Discovery

Iranian Oil Minister Gholamreza Aghazadeh has disclosed that Iran's latestoffshore gas discovery - first reported last December - contains reserves of atleast 20 trillion cu. ft. (TCF) of gas and 1bn barrels of gas liquids. Mr.Aghazadeh said that the new gasfield is located 50 kms. west of the South Parsgasfield and 180 kms. southeast of the port city of Bushehr.

MEES understands that this major gas discovery has...