December 13, 2011 - 17:31 AMT
00:01 GMT
The situation in Iran takes a new turn. According to media reports, Iran has discovered in the Caspian Sea a natural gas field with the volume of 1.42 trillion cubic meters, lying in waters 700 meters deep. According to Minister of Petroleum Rostam Ghasemi, the field wholly lies within Iranian maritime boundaries and may 5 times exceed the volume of hitherto known gas reserves in the Iranian part of the Caspian Sea.