Iran discovers major new gas reserves amid war-hit energy sector
Summary
Iran has found more than 200 billion cubic meters of natural gas in its southern Fars province, with around 160 billion cubic meters ready to be used. This discovery comes during a conflict where US and Israeli attacks have damaged Iran’s energy facilities and transport routes.Key Facts
- Iran discovered over 200 billion cubic meters of natural gas in Fars province.
- About 160 billion cubic meters of this gas can be extracted.
- The gas is described as "sweet," meaning it has low toxic hydrogen sulfide levels.
- Lower hydrogen sulfide means cheaper and easier gas production.
- Iran’s energy infrastructure has been hit by US and Israeli strikes since February 2026.
- These strikes targeted gas production sites, oil depots, and transportation pathways.
- Any gas production from the new field will take several years to start.
- The discovery was announced by Iran’s Petroleum Minister Mohsen Paknejad on state TV.
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