The National Iranian Oil Company (NIOC) announced the discovery of a new gas field south of Fars Province, southern Iran.

Entitled as Eram, the gas field is estimated to hold 19 trillion cubic feet (540 bcm) of natural gas in its reserve of which 13 tcf is recoverable.

The field is located 200 kilometers to the south of Shiraz, 60 km to the north of Assaluyeh and 25 km to the east of Khonj County, and stretches some 50 kilometers with an average width of 5 km.

The exploration department of NIOC said the field was discovered after years of serious endeavors by Iranian experts in Eram District in Fars Province.

Experimental results show that the field should contain quality gas.