⚡️🇮🇷 NEW - Iran’s Oil Minister said more than 7.5 trillion cubic feet (TCF) of gas has been discovered in southern Fars.

With a recovery rate of over 72%, around 5.7 TCF is expected to be recoverable — equivalent to the output of one South Pars phase for 15 years.

The gas is sweet, reducing development and production costs, and the discovery also includes large volumes of condensates, creating tens of billions of dollars in new value for Iran.