26 Apr '15, 10am

#peakoil Latest from Iran: Iran’s gas exports have increased by more than one million cubic meters (mcm) durin...

Iran’s gas exports have increased by more than one million cubic meters (mcm) during the first 11 months of the previous Iranian calendar year (ended March 20, 2015) compared to the corresponding period a year before. According to Petroleum Ministry’s SHANA news agency, the country exported 26.8 mcm natural gas during the aforesaid period. The figure showed a year-on-year increase of 1.4 mcm. The report added that Iran’s average gas exports from 2011 to 2013 amounted to 25.4 mcm, 25.5 mcm, and 26 mcm, respectively, and the figure is expected to further increase during the current Iranian year (started March 21, 2015). During past years Iran, which sits on the world’s largest gas reserves, has implemented plans to enhance production and export of natural gas by increasing foreign and domestic investment, especially in its South Pars gas field. The country is currently expor...

Full article: http://peakoil.com/production/latest-from-iran

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