In the South of Iran discovered a new oil field with estimated reserves of 50 billion barrels.
On Sunday announced Iran’s President Hassan Rouhani, according to FARS.
“The intelligence Directorate of the National oil company of Iran found a huge oil field with reserves of over 50 billion barrels of oil,” Rouhani said.
The Deposit was found near the city of Yazd in Central Iran.
Given this, it is confirmed in Iran crude oil inventories will increase by a third. Tehran says it has about 150 billion barrels of proven reserves of crude oil.