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Iran searching for gas at border with Turkmenistan

Business Materials 16 March 2016 16:45 (UTC +04:00)

Baku, Azerbaijan, March 16

By Emil Ilgar - Trend:

Iran is carrying out gas exploration in its north-eastern Soufikom region, which is bordering with Turkmenistan.

Yousef Etemadi, director for exploration at the Khazar Oil Company, said the gas exploration reached 2,000 meters of depth, SHANA news agency reported March 15.

"We expect to hit gas reserves if the operations are successful. But this is just a probability," he added.

The 56th rig of Iran's National Drilling Company started operations in the region in December 2015.

The rig is expected to end its operations in spring this year.

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