How Iran will out-produce Qatar in gas
Iran is on track to out-produce Qatar, the world’s biggest LNG exporter, at the vast natural gas deposit they share in the Arabian Gulf. But as much as they might want, the Iranians won’t have much gas to export because they are likely to use most of the new production themselves. Almost nothing. Iran has 18.2 per cent of proven gas reserves, ahead of Russia and Qatar, according to the BP Statistical Review of World Energy. Unlike its competitors, which have built far-flung pipelines and liquefied natural gas plants to reach foreign buyers, ...
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