1 Day
Source:
CNN Arabic
Iran recovers 40% of South Pars capacity
Iran announced that it has recovered approximately 40% of the production capacity at the South Pars gas field, which was damaged by Israeli attacks. The reconstruction process is expected to take more than two years. Iran's Deputy Oil Minister confirmed that the damages are severe and that the goal of the attacks is to reduce Iran's ability to meet its citizens' needs, especially considering that the South Pars field is one of the largest natural gas reserves in the world and is jointly operated by Iran and Qatar. These developments occur amid escalating regional tensions following Israeli attacks on Iranian facilities and subsequent Iranian strikes on Gulf region sites, which have led to rising oil prices and American threats of military action.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)