Iran sinks down in gas-productive ranking

Young journalists club

News ID: 347
Iran » Iran
Publish Date: 13:40 - 04 March 2013
TEHRAN, YJC. With US having technology to extract shale gas, Iran has moved lower among countries most productive of gas Mehr News reports.

While Iran’s gas reserves points at 34 trillion m3 of gas, it is expected that the amount will rise with exploration of newer reserves.

On the other hand, in the two past years as the US has developed the technology for extracting unconventional gas such as shale gas, the unconventional is added to countries’ total gas reserves.

Accordingly, British Petroleum has ranked in its latest report Russia as the first. After Russia stand the US and China.

In this ranking issued early 2013 Iran occupies the fourth place in total gas reserves, including unconventional ones.

In the meantime some Iranian officials have provided reports on finding gas hydrate reserves in the Caspian Sea and the Gulf of Oman.

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