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Iran finds new oilfield
- Iran: Sunday, June 15 - 2008 at 09:41
Iran has discovered an oilfield within its southwest Jofeir oilfield that is expected to boost Jofeir's oil output to 33,000 barrels per day. Iran's new discovery is estimated to have reserves of 750 million barrels, according to Iran's Oil Minister, Gholamhossein Nozari. The Shana news website quoted Nozari as saying that Iran is the world's fourth largest crude oil exporter.
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Medilyn Manibo, Assistant News EditorSunday, June 15 - 2008 at 09:41 UAE local time (GMT+4)
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