Iran discovers major gas field estimated to be worth $50b.
Iran has discovered a major onshore gas field, according to an official state news agency.
Iranian Oil Minister Masoud Mirkazemi on Sunday told reporters that a gas field worth some $50 billion was discovered near the shore of the Persian gulf, state-run news agency IRNA reported.
Mirkazemi said that the “capacity of the gas field is 260 billion cubic meters and 80 percent of its reserves can be exploited,” IRNA reported.
They might need some Western assistance to get this out of the ground. Behind Door Number 1—ideological purity. Behind Door Number 2—the money and western influences.