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Iran announced a natural gas discovery of more than 7.5 trillion cubic feet in southern Fars province.
Oil minister Mohsen Paknejad said about 5.7 trillion cubic feet is recoverable.
One report said the gas is described as sweet gas, which could lower development costs.
The discovery comes as Iran faces pressure on its energy sector from conflicts and sanctions.
More context
Some coverage said the announcement follows damage to energy infrastructure and coming U.S. sanctions.
One source noted that Iran says it has the world’s second-largest proven gas reserves after Russia.