Publishe Date: 7:57 PM - 6/29/2014 | Print

Iran carries explorations for new oil, gas fields

Economy - Preliminary studies suggest that new oil and gas fields are expected to be discovered in the near future, Managing-Director of National Iranian Oil Company (NIOC), Rokneddin Javadi said on Sunday.

Javadi said that more exploratory studies are needed to be carried in order to discover new oil and gas fields.

Oil Minister Bijan Namdar Zangeneh had earlier talked about the possibility of discovering new oil and gas fields in the western and northeastern Iran.

Zangeneh refused to confirm the news saying exploratory operations were not at the final stages.

In order to be able to confirm the preliminary studies, exploratory wells are needed

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