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    Trend: Delivering Iranian gas to EU unlikely, even in long time

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Summary

Iran is not in a position to be a major gas exporter for a long time to come, despite the scale of its reserves and production

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Press Notes, News By Country, Iran

Trend: Delivering Iranian gas to EU unlikely, even in long time

Iran's gas consumption reached 569 million cubic meters per day (mcm/d) on Dec.21, of which 411 mcm/d was used in housing sector.

During last 24 hours (Dec.21), some 82 mcm/d and 76 mcm/d of gas also delivered to the industrial sector and power plants Majid Boujarzadeh, spokesman for Iran's National Gas Company told Shana Dec.22.

Iran hasn't been able to increase its gas production level in South Pars gas field, which shares about a half of both the country's gas reserves and production since 2009. From the beginning of 2014, the gas output of South Pars increased by 75 mcm/d, 85 percent of which fell on the second half of 2014.

Iran's gas production in 2013 was about 485 mcm/d, which reached 560 to 570 mcm/d till now.

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