Iranian president says oilfield with reserves of over 50 bln barrels discovered in Khuzestan

TASS Russian News Agency | Nov 10, 2019 at 5:13 PM

TASS, November 10. /TASS/. A big oilfield has been discovered in the southwest of Iran, Fars news agency said on Sunday, citing Iranian President Hassan Rouhani.

According to the Iranian president, the field's oil reserves are estimated at 53 billion barrels of crude. The oilfield of 2,400 square kilometers in area is located in the southwestern Khuzestan Province.