Iran’s Oil Minister Mohsen Paknedschad announced the discovery of a significant natural gas field in southern Fars province, with total reserves estimated at 212 billion cubic meters. Of that volume, approximately 161 billion cubic meters are recoverable, according to state media reports published on Sunday.
The field contains sweet gas, characterized by minimal sulfur content, which reduces processing and operational costs compared with sour gas deposits. The discovery follows a period of strained energy infrastructure in Iran, as production has been impacted by damage from recent conflicts and attacks.
Since the start of hostilities in late February, Iran’s daily natural gas output has declined by roughly 230 million cubic meters. Prior to the conflict, the country had been producing about 650 million cubic meters per day. In July, a senior government official indicated plans to restore up to 100 million cubic meters of daily capacity in the coming months as infrastructure repairs progress.
