Namavaran

  • Why Namavaran Discovery Is a Breakthrough

    Why Namavaran Discovery Is a Breakthrough

    TEHRAN (Shana) -- Iran’s President Hassan Rouhani, during a provincial tour of Yazd in October, said the country’s second largest oil reservoir had been discovered. Iran’s Petroleum Minister Bijan Zangeneh said the reservoir, named Namavaran, held 22 billion barrels of oil in place, 2.2 billion barrels of which would be recoverable.

  • Namavaran: 2nd Largest Oil Reservoir in Iran

    Namavaran: 2nd Largest Oil Reservoir in Iran

    TEHRAN (Shana) -- Experts at the National Iranian Oil Company’s exploration department have discovered a new oil reservoir in Khuzestan Province, which holds 22 billion barrels of crude oil in place.