Iran announces: great gas reserves in the country

Iran announces: great gas reserves in the country

Editorial Staff
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Several research centers are already at work to locate basins in the Lorestan region. The news comes from Mohammad Reza Kamali, a high functionary within the country's Petrochemical Research Institute, during a press conference in

Iran appears to have vast shale gas reserves in the Western proving of Lorestan. The announcement comes from Mohammad Reza Kamali, a high functionary within the country’s Petrochemical Research Institute, during a press conference in Tehran. Kamali explained that huge reserves have been discovered in the region and that several research centers in the country are working on a project to locate the non-conventional oil and gas reserves. The announcement is part of the back and forth between Tehran e Ryad who are in the middle of an important match on the issue of energy, following ending of the sanctions in Iran. Tehran is in fact making its way back on to the international energy chessboard and is in talks with several interlocutors, both to the East and to the west - not the least of which is the European Union - sealing political and energy deals (including the underwater pipeline towards India). A positions not well liked by Saudi Arabia, which caused the failure of the Doha talks precisely on this issue.