Gina Bagnulo News Editor, The Pawprint
A brand new oil field that could increase Iran’s reserves by a third has been found as stated by Iranian president Rouhani. The field itself was found in the south western province of Khuzestan and contains 53 billion barrels of crude oil. “We have found an oil field with 53 billion barrels of oil in place, 53 billion barrels. This is in a big oil field that stretches 2,400 sq km”, said Rohani.
The new oil field could potentially become Iran’s second largest field after the one containing 65 billion barrels in Ahvaz. Rohani went on to state, ” I am telling the White House that in the days when you sanctioned the sale of Iranian oil, the country’s workers and engineers were able to discover 53 billion barrels of oil.” Iran remains one of the world’s largest oil producers, with exports worth billions of dollars.