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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Iran said it discovered more than 7.5 trillion cubic feet of natural gas, after months of war with the US and Israel seriously disrupted its energy sector. Around 5.7tcf of the find in the country’s southern Fars province is recoverable, Oil Minister Mohsen Paknejad told state TV on Sunday. He described it as equivalent to 15 years of production from one phase of the world’s biggest gas field, South Pars, which Iran shares with Qatar.
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