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18:53 GMT
More than 3.6 billion barrels of crude oil discovered in S. Iran TEHRAN, April 21 (KUNA) -- More than 3.6 billion barrels of crude oil has been discovered in southern Iran over the past 3-4 months, Iranian Assistant Oil Minister and Managing Director of the National Iranian Oil Company (NIOC) Gholam Hossein Nowzdi said here Saturday.
The statement was made at a press conference on the sidelines of the fourth day of 12th international oil, gas and petrochemical exhibition in Tehran.
He told reporters that besides Paranj Oil Field with a proven oil reserve of 1.6 billion barrels, another oil field with an estimated oil reserve of two billion barrels was discovered by the major oil enterprise active in the area, which is situated near Ab-Teimour Oil Field.
He also said that based on the preliminary studies, the oil reserve of Azar Oil Field near Anaran is assessed at 6-8 billion barrels of oil. (end) mw.bz KUNA 212153 Apr 07NNNN