Russia submits amicus curiae brief to US Supreme CourtRussian Politics & Diplomacy March 25, 3:34
Russia, China suggest for UN SC to adopt resolution on chemical terrorism threatRussian Politics & Diplomacy March 25, 3:23
Russian lawmaker compares European Union to Soviet UnionRussian Politics & Diplomacy March 25, 3:16
Russian emergencies ministry says fire at Kazan’s gunpowder factory fully extinguishedWorld March 25, 3:01
Relations btw US, Russia worst over half-century - Lukin quoting KissingerRussian Politics & Diplomacy March 25, 2:58
Russia suggests setting up international coalition for demining operations in SyriaRussian Politics & Diplomacy March 25, 1:08
One person dies in fire at gunpowder factory in Russia's KazanWorld March 24, 21:47
Russia's 'Gentlefan' baton passed on to Krasnodar ahead of Cote d’Ivoire friendlySport March 24, 21:34
Brazil’s football star Carlos: Germany, Portugal to meet in 2017 Confederations Cup finalSport March 24, 20:45
TEHRAN, November 23. /TASS/. Iran plans to boost production and export of natural gas in the nearest future, the country’s President Hassan Rouhani said at the Gas Exporting Countries Forum (GECF) in Tehran on Monday.
"In the nearest future Iran will boost gas output. Its domestic consumption and export will be growing due to declining share of oil in the total volume of energy resources being used and exported," Rouhani said.
For many years Iran’s potential for boosting capacities and introduction of new technologies in the gas extracting industry were limited by sanctions imposed against the Islamic Republic, the president said, adding that as sanctions are lifted and the nuclear agreement reached by Tehran and "the group of six" (5 permanent members of the UN Security Council plus Germany) in July in Vienna is launched, new prospects are opening up for Iran in the development of gas fields and production of liquefied gas.
According to the country’s Petroleum Ministry, gas reserves in Iran top 33 trillion cubic meters, which makes it the biggest player on the global gas market. Currently, the Islamic Republic of Iran produces 173 bln cubic meters of gas per year while it plans to double production to 1.3 bln cubic meters per day by 2020.