He further said Iran sits atop 836.47 billion barrels of hydrocarbon liquids including crude oil, liquids and gas condensate of which 157.23 billion barrels are recoverable with an average recovery rate of 28.58%.
He said Iran's proven reserves are estimated to hold 1,140.2 billion barrels of oil equivalent that would include crude oil, gas, liquids and gas condensate of which 345.52 billion barrels are recoverable (39.81% recovery rate).