50-trillion-cubic feet gas reservoir discovered in Caspian Sea http://www.irna.ir/ENNewsShow.aspx?NID=30705876&SRCH=1  Iran’s Oil Minister Rostam Qassemi said a reservoir containing an estimated amount of 50 trillion cubic feet of gas was discovered in the Caspian Sea.Talking to reporters on Sunday, he said the reservoir which is located 700 meters deep in the sea bottom is close to the borderline waters. The minister stressed that the discovery of the reservoir will immensely affect the standard of life in the northern parts of the country. According to Qassemi, the reservoir definitely contains gas but it is estimated to contain oil as well.