Iran has discovered about a dozen new oil fields with in-place reserves of 30 billion barrels, head of exploration at National Iranian Oil Company (NIOC) says.
Some 4.7 billion
barrels of these reserves are recoverable, said Seyyed Saleh Hendi who
also announced the discovery of 128 trillion cubic feet of gas.
discoveries, which happened over the past four years, show that more
gas finds are likely, while any new oil find is not believed to be
sizable, the official told reporters in Tehran.