Pars Oil and Gas Company is carrying out exploration in the Persian Gulf for new oil and gas fields.
“Out of four exploratory operations planned till today, two have finished their initial stages and a light oilfield called Yalda has been discovered,” Mohammad Meshkinfam, managing director of POGC, said.
Yalda Oilfield is located 30 kilometers east of the South Pars Gas Field in southern Iran, ISNA reported.
The proximity to South Pars has many advantages and helps accelerate the process of starting production from the oilfield.
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