Azerbaijan, Baku, May 13/ Trend F.Milad/
The first associated gas flare has been installed by Iran at the Amir Kabir platform in the Caspian Sea, the oil minister announced.
Rostam Qasemi added that the torch has been installed at depth of 700 meters into the Caspian Sea, the Pana News Agency reported.
The National Iranian Oil Company (NIOC) has discovered large oil deposit in deep waters in the Caspian Sea, the Mehr News Agency reported.
The oil deposit has been discovered in the Sardar Jangal gas field which contains 50 trillion cubic feet of natural gas.
NIOC officials say, the gas field, in depth of 700 meters (2,300 feet) deep, lies wholly within Iran's maritime borders and is not shared by the neighboring littoral states of Azerbaijan or Turkmenistan.
Iran announced in December 2011 that it had discovered a large gas field in the Caspian Sea with at least 50 trillion cubic feet (some 1.4 trillion cubic meters) of reserves.