While in 2018 due to the US sanctions against Iran the price of oil began to grow in the South of the country has discovered a new oil field with estimated reserves of 50 billion barrels.
On Sunday announced Iran’s President Hassan Rouhani, according to FARS.
“The intelligence Directorate of the National oil company of Iran found a huge oil field with reserves of more than 5 billion barrels of oil,” – said Rouhani.
A new source could become the second largest in Iran after the Deposit containing 65 billion barrels in Ahvaz. The Iranian leader noted that this finding can increase the reserves by a third.
As Ukrainian news reported, in 2015, the Iraqi authorities have raised the level of oil production to 3.75 million barrels per day to protect your level of oil production in the price war with the OPEC countries with the American slates.
Meanwhile, in January-October 2019 oil transit through Ukraine fell 4.3% to 10,637 million tons in comparison with January-October of 2018. Also, Ukrtransnafta said that the Ukrainian oil pipeline “Druzhba” is a quality oil.