Azerbaijan, Baku, May 19/ Trend F.Milad /
The oil layer which has been recently found by Iran in the Caspian Sea is 24-30 meters thick, the managing director of Khazar Oil Company said.
Ali Osuli told the Shana News Agency that drilling operations are underway to explore new details about the oil layer.
On May 10, the National Iranian Oil Company (NIOC) announced that it has discovered a large oil deposit in deep waters in the Caspian Sea.
The oil deposit has been discovered in the Sardar Jangal gas field which contains 50 trillion cubic feet of natural gas.
NIOC officials say the gas field, in waters 700 meters (2,300 feet) deep, lies wholly within Iran's maritime borders and is not shared by the neighboring littoral states of Azerbaijan or Turkmenistan.
Iran announced in December 2011 that it had discovered a large gas field in the Caspian Sea with at least 50 trillion cubic feet (some 1.4 trillion cubic meters) of reserves.