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TEHRAN: Iran has discovered a new oil field holding an estimated 233 million barrels of recoverable sweet oil, Oil Minister Gholamhossein Nozari said on Sunday. The field, which has in-place reserves of 1.1 billion barrels, lies in the oil-rich southwestern province of Khuzestan, north of the city Andimeshk, state television quoted Nozari as saying.

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