Iran discovers new gas layer in border with Turkmenistan (Exclusive)

Business Materials 8 May 2018 10:39 (UTC +04:00)

Tehran, Iran, May 8

By Kamyar Eghbalnejad - Trend:

Iran has discovered a new gas layer in border with Turkmenistan, Seyyed Saleh Hendi, head of the exploration of the state-run National Iranian Oil Company (NIOC), told Trend.

The new gas layer is discovered in Koppeh Dagh (or Kopet Dag) after carrying out explorations and conducting drilling operations for a long time, Hendi added.

The field belongs to Iran, however it is located near the border with Turkmenistan.

Kopet Dag sedimentary zone in northeast Iran is a sedimentary zone which lies along the Turkmenistan border. It has been proven to be rich in gas and hosts giant fields in Iran and Turkmenistan. An exploration block has been identified in this sedimentary zone.

The Islamic Republic holds around 34 trillion cubic meters of proven gas reserves, sharing 18 percent of total global gas reserves, which puts the country in the top of the world's gas holders list.