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July 31st, 2012 
FAKE NEWS for the Zionist agenda Mousa Souri, the managing director of the Pars Oil and Gas Company, said Monday that Iran plans to increase its daily gas exports to 400 million cubic meters by developing the remaining phases of the huge natural gas field during the period.
“Projects worth USD 68 billion are already under construction in the South Pars gas field,” Souri said.
South Pars covers an area of 9,700 square kilometers, 3,700 square kilometers of which are within Iran’s territorial waters in the Persian Gulf. The remaining 6,000 square kilometers, i.e. the North Dome, are in Qatar’s territorial waters.
The Iranian gas field contains 14 trillion cubic meters of natural gas (about eight percent of the world’s reserves) and more than 18 billion barrels of liquefied natural gas (LNG) resources.
DB/GHN/HJL
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