Iran says finds new gas, after war hits energy sector

TEHRAN: Iran said on Sunday it had discovered more than 200 billion cubic meters of natural gas, months into the Middle East war that has hit the country’s energy infrastructure and production. “New gas reserves were discovered in the south of Fars province,” Petroleum Minister Mohsen Paknejad told state television, adding that over 160 billion cubic meters could be extracted from the field. He described it as sweet natural gas, which has very little of the toxic gas hydrogen sulphide, resulting in lower operating and development costs.

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