Iran's crude oil reserves increased by 758 million barrels following the discovery of a deposit of light oil reserves in southern Iran, Press TV reported, citing Ahmad Qalebani, National Iranian Oil Co.'s managing director.

Qalebani said last week that Iran's oil reserves reached 155 billion barrels from an earlier 151.3 billion due to the discovery of new oil reserve fields, tni opeche state-run satellite news channel said. The report on the broadcaster's website didn't specify whether today's announced increase in the oil reserves is in addition to or part of the earlier figure.
The deposit off the Persian Gulf coast is located at the Khayyam field in Iran's southern Hormozgan province and has the oil reserves potential to produce 35,000 barrels of oil a day, Qalebani said, according to Press TV.

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