Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Natural Gas

Iran discovers natural gas field in Fars province

Energy | Electric Power | Metals | Non-Ferrous

Stationary storage market today and expectations for the future

LNG | Natural Gas | NGL

Platts LNG Alert

Capital Markets | Commodities | Electricity | Energy | LNG | Natural Gas | Shipping | Leveraged Finance & High Yield | Materials | Building & Construction | Financial Services | Banking | Infrastructure | Structured Finance

Infrastructure Summit

Natural Gas

UK-listed SDX Energy starts gas output from Egypt's South Disouq

Iran discovers natural gas field in Fars province

Tehran — Iran said Sunday it discovered a natural gas deposit in the southern province of Fars, holding as much as 19 trillion cubic feet of the fuel.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The reservoir called Eram also holds as much as 385 million barrels of condensates, Reza Dehghan, director of development and engineering affairs at the National Iranian Oil Company, told reporters at the oil ministry in Tehran. Drilling took nine months and started last year, he said. The value of the resource could be as much as $40 billion, he said.

Iran shares ownership of the world's largest natural gas deposit, South Pars and North Field in the Persian Gulf, with Qatar. While the field has helped Qatar to become the world's largest liquid natural gas exporter, Iran has mostly used its part of the field for domestic uses.

The development of the Eram gas field will start in two or three years, Dehghan said. Once production starts, the gas will be used for domestic consumption as well as for Eram itself to prevent a decline in pressure.

--Aresu Eqbali in Tehran; newsdesk@spglobal.com

--Edited by Claudia Carpenter, claudia.carpenter@spglobal.com