Huge natural gas reserves central to capacity work, construction plans in Iran
Questions about oil production capacity in Iran tend to mask the country's huge potential as a producer of natural gas. Iran is second only to Russia in gas reserves, which National Iranian Gas Co. estimates at 20.7 trillion cu m. Among hurdles to Iran's making greater use of its rich endowment of natural gas are where and how to sell gas not used inside the country. The marketing logistics problem is common to other Middle East holders of gas reserves and a reason behind the recent proliferation of proposals for pipeline and liquefied natural gas schemes targeting Europe and India. But Iran's challenges are greater than most in the region. Political uncertainties and Islamic rules complicate long-term financing of transportation projects and raise questions about security of supply. As a result, Iran has remained mostly in the background of discussions about international trade of Middle Eastern gas. The country's huge gas reserves, strategic location, and existing transport infrastructure nevertheless give it the potential to be a major gas trader if the other issues can be resolved. The paper discusses oil capacity plans, gas development, gas injection for enhanced oil recovery, proposals for exports of gas, and gas pipeline plans.
- OSTI ID:
- 7031809
- Journal Information:
- Oil and Gas Journal; (United States), Vol. 92:28; ISSN 0030-1388
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
03 NATURAL GAS
IRAN
NATURAL GAS INDUSTRY
PETROLEUM INDUSTRY
NATURAL GAS
PRODUCTION
PETROLEUM
CAPACITY
PIPELINES
PLANNING
POLITICAL ASPECTS
ASIA
DEVELOPING COUNTRIES
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRY
INSTITUTIONAL FACTORS
MIDDLE EAST
020700* - Petroleum- Economics
Industrial
& Business Aspects
030600 - Natural Gas- Economic
Industrial
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