Iran reports major new gas reserve discovery in Fars province amid war-hit energy sector

Iran reports major new gas reserve discovery in Fars province amid war-hit energy sector

Iran has said it discovered more than 200 billion cubic metres of natural gas in the southern province of Fars, in a development announced as the country's energy system remains under strain from months of attacks. Petroleum Minister Mohsen Paknejad said on state television that more than 160 billion cubic metres could potentially be recovered from the field. He described the gas as sweet natural gas, meaning it contains very little hydrogen sulphide and is therefore cheaper to develop and operate.

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The announcement was made on Sunday and comes months into a wider Middle East war that has damaged Iran's energy infrastructure and production. According to the supplied report, joint US-Israeli strikes have hit gas production facilities, oil depots and transport routes. The new reserve was identified in southern Fars province, an area that is now being presented by Iranian officials as a significant addition to the country's gas resources.

The scale of the find is notable because Iran already holds some of the world's largest natural gas reserves, and any additional supply could matter for a sector facing repeated disruption. The report says any new production from the site is likely to be years away, which means the discovery is not expected to ease immediate pressure on supply. Even so, the announcement may be politically important for Tehran at a time when energy infrastructure has become part of the wider conflict.

Iran's gas sector has been affected alongside oil and transport networks since the strikes began, according to the report. That has raised the stakes for any new domestic energy source, particularly one that could eventually be developed at lower cost because of its low hydrogen sulphide content. The discovery also underlines how energy assets remain central to the conflict's economic impact.

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The report does not give a precise field name, and it is not clear how quickly technical work can begin or what investment would be needed to bring the reserve into production. It also remains unclear how much of the announced volume will prove commercially viable beyond the estimated recoverable amount. What happens next will depend on whether Iran can move from announcement to development while its wider energy infrastructure remains exposed to further disruption.

360LiveNews 360LiveNews | 23 Aug 2026 21:59 LONDON
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