Iran discovers major gas field estimated to be worth $50b.
Iran has discovered a major onshore gas field, according to an official state news agency.Iranian Oil Minister Masoud Mirkazemi on Sunday told reporters that a gas field worth some $50 billion was discovered near the shore of the Persian gulf, state-run news agency IRNA reported.Mirkazemi said that the "capacity of the gas field is 260 billion cubic meters and 80 percent of its reserves can be exploited," IRNA reported.ByREUTERS06/08/2025 07:57 AMByREUTERS06/08/2025 05:36 AMByMAARIV06/07/2025 02:33 PMByWALLA!06/07/2025 11:18 AMByREUTERS06/07/2025 03:25 AM