Iran's natural gas reserves to last up to 100 years: official
The research and technological director of the National Iranian Oil Company (NIOC) said that Iran 's natural gas reserves will last up to 100 years, the English language Tehran Times daily reported on Saturday.
Mohammad-Ali Emadi said according to Iran's fifth five-year development plan (2010-2015), Iran's gas production capacity should increase by 250 million cubic meters per day.
The South Pars/North Dome field is a natural gas condensate field located in the Persian Gulf. It is the world's largest gas field, shared between Iran and Qatar. According to the International Energy Agency, the field holds an estimated 50.97 trillion cubic meters of in-situ gas and some 50 billion barrels of condensate.
According to the Tehran Times report, Iran's share of the field has 14 trillion cubic meters of natural gas and more than 18 billion barrels of liquefied natural gas (LNG) resources.
Editor: yan
English.news.cn 2011-11-06 03:09:10 FeedbackPrintRSS
TEHRAN, Nov. 5 (Xinhua)
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