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Filed: Timeline
Posted

Iran discovers large light crude oilfield

TEHRAN - A huge light crude oilfield with considerable reserves has been discovered in southwest Iran, the Mehr News Agency reported on Wednesday.

The newly-discovered field must be considered among one of the biggest light crude oil fields ever discovered in the world in the past decade, the report added, without giving further details.

On March 3, oil official Mahmoud Mohaddes announced that a large oilfield, which holds huge amounts of high quality crude, has been discovered in Khuzestan province.

Iran’s recoverable oil and natural gas reserves stand at 154.8 billion barrels and 33.1 trillion cubic meters, respectively.

The country’s oil and natural gas reserves will last up to 80 years and 150 years respectively, if the current production and export levels remain steady.

Iran is the second-largest oil producer after Saudi Arabia among the members of the Organization of Petroleum Exporting Countries (OPEC).

http://www.tehrantimes.com/economy-and-business/97071-iran-discovers-large-light-crude-oilfield

Posted

I'm guessing that's either our next ally or next war.

sigbet.jpg

"I want to take this opportunity to mention how thankful I am for an Obama re-election. The choice was clear. We cannot live in a country that treats homosexuals and women as second class citizens. Homosexuals deserve all of the rights and benefits of marriage that heterosexuals receive. Women deserve to be treated with respect and their salaries should not depend on their gender, but their quality of work. I am also thankful that the great, progressive state of California once again voted for the correct President. America is moving forward, and the direction is a positive one."

Filed: Citizen (apr) Country: Brazil
Timeline
Posted

see, if we'd left saddam alone, they'd have a war in that region over the oil and we'd not have to worry about any iran nuke plans.

* ~ * Charles * ~ *
 

I carry a gun because a cop is too heavy.

 

USE THE REPORT BUTTON INSTEAD OF MESSAGING A MODERATOR!

 

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