Gas production in the Islamic Republic will increase to 1.3 billion cubic meters in the next five years. m per day, said Iranian Oil Minister Javad Ouji on March 3 at the VII summit of the Gas Exporting Countries Forum (GECF), SNN television channel reports.
“Iran plans to increase gas production in the next five years from the current 1.07 billion cubic meters. m per day up to 1.3 billion cubic meters. meter”said the official. According to him, for this Tehran is investing more than 80 billion dollars in the mining sector.
Let us remember that on March 3 the seventh EGPF summit will take place in Algeria. This association includes 13 countries, including, in addition to Iran, Russia, Algeria, Bolivia, Venezuela, Egypt, Qatar, Libya, Mauritania, Nigeria, United Arab Emirates, Trinidad, Tobago and Equatorial Guinea.
These states account for 70% of global gas reserves, 51% of LNG exports and 52% of gas pipeline supply. Let us also remember that Russia has the largest proven gas reserves in the world (25%), followed by Iran and Qatar (17% and 12%, respectively).
Source: Rossa Primavera
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