Iran: Iran discovers 7.5 tln cubic feet of gas in south: minister.

Shotlist FILE: Tehran, Iran - Jan 25, 2026 1. Iranian national flag, buildings FILE: Tehran, Iran - May-June 2026 2. Iranian national flags, traffic FILE: Tehran, Iran - June 6, 2026 3. Various of national flags of Iran on road lamps, traffic FILE: Tehran, Iran - May 2026 4. Various of buildings, trees, traffic FILE: Tehran, Iran - April 30, 2026 5. Various of people at market FILE: Iran - Sept 6, 2023 6. Various of offshore gas platform, gas burning, facilities 7. Various of workers on platform Storyline Iranian Oil Minister Mohsen Paknejad said Sunday the country has discovered more than 7.5 trillion cubic feet (21.24 billion cubic meters) of gas reserves in a field in the southern Fars province. Nearly 5.7 trillion cubic feet of gas can be extracted from the field, considering a recovery factor of about 72 to 73 percent, Paknejad said in an interview with state-run IRIB TV. "The newly-discovered resources add tens of billions of dollars to the intrinsic value of the country's wealth," he said, adding the field also contains a significant amount of gas condensate reserves. Iran holds nearly 34 trillion cubic meters of proven gas reserves, according to data by the Gas Exporting Countries Forum. After Russia, the country has the second-largest gas reserves in the world. [Restrictions: No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda]