Iran Announces Discovery of Vast Oil and Gas Reserves in the South and Strengthens Its Position Among the World's Major Energy Powers

Iran Announces Discovery of Vast Oil and Gas Reserves in the South and Strengthens Its Position Among the World’s Major Energy Powers

Written by Rannyson Moura

Published on 13/10/2025 at 11:50

O Irã revela novas reservas de petróleo e gás no campo de Pazan, na província de Fars, consolidando-se entre os países com maiores recursos energéticos do planeta, segundo o ministro do Petróleo, Mohsen Paknejad. Fonte: Romulo Faro

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Iran Reveals New Oil And Gas Reserves In The Pazan Field In The Fars Province, Consolidating Its Position Among The Countries With The Largest Energy Resources On The Planet, According To Minister Of Petroleum Mohsen Paknejad.

The Iran announced the discovery of significant oil and gas reserves in the south of the country, strengthening its presence on the global energy map. The announcement was made by the Minister of Petroleum, Mohsen Paknejad, who detailed that the new reserve is located in the Pazan field, in the Fars province. The news was released by the Mehr News Agency and generated great expectations about the economic and strategic impact of the discovery.

According to the minister, recent studies suggest a significant increase of 10 trillion cubic feet (tcf) to national gas reserves. The explored area extends to the north of the Bushehr province, approximately 21 kilometers from the city of Jam, which demonstrates the energy potential of this strategic region.

Drilling Resumed After Nearly A Decade Of Interruption

Exploration activities in the Pazan field had been interrupted for nearly eight years. However, the resumption of work marked a new phase for the Iranian energy sector. According to Paknejad, this stage was crowned by the successful drilling of a second well, which confirmed the presence of the new reserves.

ARTICLE CONTINUES BELOW

Production Expected To Start Within 40 Months, Government Says

The operations contract for the Pazan field has already been signed, and the Iranian government anticipates that commercial production will commence within 40 months. The expectation is that the field will significantly contribute to the increase of national production capacity, consolidating Iran among the global leaders in natural gas reserves.

This discovery comes at a crucial moment, as Tehran seeks to expand its export capacity and reduce the effects of international sanctions that still limit the country’s oil sector.

With the new field, the Iranian government demonstrates that, even under economic restrictions, it continues to invest heavily in oil and gas exploration, aiming to secure its strategic role in the global energy supply.

Iran Announces Discovery of Vast Oil and Gas Reserves in the South and Strengthens Its Position Among the World’s Major Energy Powers

Iran Reveals New Oil And Gas Reserves In The Pazan Field In The Fars Province, Consolidating Its Position Among The Countries With The Largest Energy Resources On The Planet, According To Minister Of Petroleum Mohsen Paknejad.

Drilling Resumed After Nearly A Decade Of Interruption

Production Expected To Start Within 40 Months, Government Says

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Iran Announces Discovery of Vast Oil and Gas Reserves in the South and Strengthens Its Position Among the World’s Major Energy Powers

Iran Reveals New Oil And Gas Reserves In The Pazan Field In The Fars Province, Consolidating Its Position Among The Countries With The Largest Energy Resources On The Planet, According To Minister Of Petroleum Mohsen Paknejad.

Drilling Resumed After Nearly A Decade Of Interruption

Production Expected To Start Within 40 Months, Government Says

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