Diplomat says UN may act as mediator at Astana talks between Damascus and oppositionRussian Politics & Diplomacy January 17, 21:31
Expert believes Brexit to bring UK closer to USWorld January 17, 20:29
Italian Foreign Ministry: It is necessary to assess conditions for returning to G8 formatWorld January 17, 20:04
Russia hopes ECHR will cancel its ruling on Dima Yakovlev Law — diplomatRussian Politics & Diplomacy January 17, 19:35
Preserving Moldova's neutrality impossible without partnership with Russia — presidentWorld January 17, 19:10
OPEC to monitor oil production, export — Saudi Arabian Energy MinisterBusiness & Economy January 17, 18:57
Group of Sukhoi-24M bombers to return from Syria soon — Defense MinistryMilitary & Defense January 17, 18:50
Russian reconciliation center reports over 1,130 Syrian settlements join ceasefireWorld January 17, 18:47
Over 5,000 Syrians get medical aid from Russian doctorsWorld January 17, 18:37
TEHRAN, August 15 (Itar-Tass) - Oil reserves worth a record-high sum of $1.8 trillion have been discovered in Iran despite the economic sanctions applied by the West, the Mehr news agency reported on Thursday.
"This figure has been calculated with due account of the current global prices of hydrocabon fuel. This sum is comparable with Iran's oil export revenue over a period of more than a century," said Ahmad Galebani, Iranian Deputy Minister of Oil.
According to the data of the Organization of Petroleum Exporting Countries, oil production in Iran in July this year amounted to 2.68 million barrels per 24 hours. At that, Galebani pointed out, "over the past couple of years" the country prospected for new oil deposits and discovered reserves amounting to 18.6 billion barrels of oil. The likelihood of finding oil during the drilling of geological exploratory wells in Iran was 90% last year.