Iran in search of new gas reserves

Oct 15, 2007 02:00 AM

The National Iranian Oil Company (NIOC) has launched a major gas exploration operation in two of the country's north-eastern provinces.
The company has kicked off its new exploration project in the provinces of Northern Khorasan and Khorasan Razavi, with the aim of finding new gas reserves in the region.

According to recent reports, extensive research has been carried out in the area, including two-dimensional seismic surveys and non-seismic geophysical studies. If successful, the operation will lead to the drilling activities in the region, an expert said. Up to EUR 7,7 mm have been invested in the project, he added.
At the moment, around 89,000 families in the province of Northern Khorasan benefit from household gas.

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