With 18 per cent and 9.4 per cent of the world’s total proven gas and oil resources respectively, Iran ranks as the largest in gas and fourth in oil reserve holdings...
Mainly as a result of sanctions, few international companies are now working in Iran’s upstream and Tehran has had to rely on...
Once the pipeline is ready, Tehran will start exporting 7 million cubic metres of gas per day to Baghdad. The figure will reach...
A letter of agreement signed in late August paved the way for Oman to receive gas from Iran for 25 years from 2015. Zanganeh...
IRAN’S domestic consumption has been on the rise in the recent years. The country is also obliged to export a significant amount of gas to neighbouring countries.The...
IRAN’S oil production and exports have decreased significantly in the past three years.The US Energy Information Administration (EIA) has studied the effects of sanctions...
In the short-term, it makes more economic sense for Iran to use gas to satisfy domestic demand for power...
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