Categories: Energy

Iran top holder of worldˈs natural gas reserves: BP

The British Petroleum (BP) classed Iran, for the second consequent year, as the world’s top gas reserves holder with 33.8 trillion cubic meters, it was reported on Wednesday.

According to the BP Statistical Report, Iran has risen to the first place with its 33.8 trillion cubic meters of the blue fuel, 18 per cent more than Russia and Qatar.

Iran produced 10 million tones of liquefied natural gas in 2013 and plans to produce up to 75 million tones in 2015, said the report.

The company downgraded Russia’s reserves estimate to 32.9 trillion cubic meters from 44.6 trillion cubic meters in its earlier report, putting global proven gas reserves at 187.3 trillion cubic meters as of the end of 2012.

Emad Askarieh

Emad Askarieh has worked as a journalist since 2002. The main focus of his work is foreign policy and world diplomacy. He started his career at Iran Front Page Media Group, and is currently serving as the World Editor and the Vice-President for Executive Affairs at the Iran Front Page (IFP) news website.

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