Iran discovers oil field containing 53bn barrels of crude: President Rouhani

Press TV – Nov 10, 2019

Iran’s President Hassan Rouhani speaks in the central city of Yaz on November 10, 2019. Click to enlarge

President Hassan Rouhani says Iran has discovered a new oil field containing 53 billion barrels of crude in southwestern Khuzestan Province. 

Rouhani told a large crowd of people in the central city of Yazd on Sunday that the discovery was made despite US hostilities which have mainly targeted Iran’s oil sector.

“It is a large oil field that extends from Bostan to the vicinity of Omidiyeh spanning an area of 2,400 square kilometers with a depth of 80 meters,” he said.

“Today we are announcing to the US that we are a rich country and despite your enmity and tyrannical sanctions, the Iranian oil industry’s workers and engineers have succeeded to discover this vast oil field,” Rouhani added.

The US has unleashed the “toughest ever” sanctions against Tehran since unilaterally withdrawing from the 2015 nuclear deal, officially called the Joint Comprehensive Plan of Action (JCPOA).

Rouhani said, “The first thing I would like to emphasize here is that we have withstood the pressure exerted by foreigners over the past year, during which our people had to go through difficult times.”

It’s been one year-and-a-half since President Donald Trump pulled the United States out of the nuclear deal with Iran and embarked on a policy of “maximum pressure.”

Trump has been piling sanctions and heating up the rhetoric against Tehran, saying he aims to negotiate a better agreement with Iran and his policy will bring the Iranians to the table for that new deal.

However, the maximum pressure policy has not succeeded in bringing Iran to the negotiating table or curbing its regional activities across the Middle East as sought by Washington.

“In fact maximum pressure seems to have backfired and pushed Iran across the edge,” British daily The Independent wrote on Saturday.

According to the paper, “economically, Iran has been able to draw on some of its financial reserves to cushion off the impact of American sanctions.”

Politically, Iran has been able to utilize the theme of nationalism and historic grievances about big power bullying and fend off any unrest, it said.

On Sunday, President Rouhani called on Iranians not to let “America’s wishes rise from the larynx of a few people, even though they are very limited in number.”

He said the Iranian people’s “resilience and unity and their ceaseless efforts have brought us to the point where the United States, in my opinion, has become disappointed.”

From an international perspective, The Independent says, the world is more sympathetic to Iran’s position in the nuclear dispute than the United States, because Iran stayed strictly committed to the nuclear deal for one year, after the US left the deal and violated its terms.

“There is also not much admiration for Mr Trump on the international stage – except among right wing authoritarian and neo-fascist groups – and that also helps Iran,” it added.

The Trump administration’s policy on Iran, the paper said, has isolated the United States and diminished its leverage to enforce the JCPOA, if not open the door to its complete destruction.

“At the moment, President Trump and his administration are running out of options on Iran. There is not much left to sanction in Iran, and short of military conflict, there is not a lot more pressure that can be applied,” it added.

Meanwhile, statistics show Iran’s economic situation is improving and inflation has been contained, President Rouhani said.

Iran is a founding member of the Organization of the Petroleum Exporting Countries and sits on what were already the world’s fourth-biggest oil reserves and second-largest gas reserves.

The new find would add around 34 percent to Iran’s current proven reserves, estimated by the Oil & Gas Journal at 158 billion barrels of crude oil and representing almost 10 percent of the world’s crude reserves.


3 responses to “Iran discovers oil field containing 53bn barrels of crude: President Rouhani”

  1. “BOMB THEM! BOMB THEM!” BLOTUS in chief el Trumpo Orange Orangutan the Magnificient.

    More seriously, some of the real reasons for the Anglo-American interest in causing Middle East chaos is to keep oil OFF the world markets, and thus sell American oil or oil stocks you control at a higher price.

    The big problem for the Satanic Oil Cult is low prices. The world is awash in oil, supply exceeds demand, so what to do but shore up your stock price by bombing the shit out of lesser nations that are unable to defend themselves, and to make sure they never sell oil for weapons so that they can defend themselves (or build/repair their country) is to sieze their oil fields like pirate in chief El Trumpo is doing.

    Make no mistake Trumptards, billionaire satanic Trump is a pirate just like his Jew buddies. Loyalty to this lunatic is misplaced.

    The Anglo-Zionist axis of evil has tore up the Middle East because interests overlap, the Zionists want all Arabs dead and the Amerikan bandits want foreign supply of oil off the market. They can’t stomp on militarily powerful Russia so they stomp on Venezuela, Iran, Syria. The allow the Saudis to exist because the King buys hundreds of billions of arms from the USA.

    So now you know the real reason why Trump put total sanctions on Iran. The only thing Iran can do is arm themselves to the teeth and start force projecting and drive the bandits out. They SHOULD make nukes and aim them at Israel, then say leave us the fuck alone.

    Dick Cheney drool map of Venezuela:

  2. Iran announces the discovery of a massive new oil deposit, which will draw a quick response from the Jewnited States of Robbery and Rape and Israhell touting what a threat Iran is to peaceful nations of the world. Nevermind the fact Iran hasn’t initiated a war of aggression in hundreds of years and the USSA and Israhell can’t seem to go a day without illegally and immorally bombing the ever living shit out of some poor slobs.

  3. This Oil, doesn’t belong to Iran .. It belong to the World !
    Guess who’s the World ??
    No lollipop for correct answer ?