Iran to study gas fields in its northeastern regions
Baku, Azerbaijan, May 5
By Khalid Kazimov - Trend:
Two Iranian institutions have signed a memorandum of understanding (MOU) on cooperation in the upstream sector of oil industry.
The Ferdowsi University of Mashhad and the Research Institute of Petroleum Industry agreed to work together to explore and study the country's gas reserves in the northeastern regions, including the Kapet-Daq, Gonbadli and Khangiran, IRNA news agency reported May 5.
The MOU was signed on the sidelines of the 21st Tehran Oil Show.
Kapet-Daq covers the territories in Iran, Turkmenistan, Afghanistan and Tajikistan, and so far, the Iranian gas fields of Khangiran, Gonbadli and Tous, as well as the Dauletabad and Donmez fields in Turkmenistan have been found there.
A 2015 report by British Petroleum put Iran high in the international ranking for having the largest gas reserve. Iran holds 33.8 trillion cubic meters of proven natural gas reserves - or 18.2 percent of the world's total proven reserves.