Iran announces huge gas discovery as energy production takes a hit
- Iran has found over 7.5 trillion cubic feet of natural gas in Fars province, according to Oil Minister Mohsen Paknejad.
- The newly discovered field could yield around 5.7 trillion cubic feet of recoverable gas based on projected recovery rates.
- This discovery occurs as Iran seeks to repair energy infrastructure damaged during recent conflicts with Israel and the US.
- Iran's gas production capacity has dropped by approximately 230 million cubic metres per day since the war began in February.
Source: firstpost.com
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