Tehran, Iran, June 3
By Mehdi Sepahvand - Trend:
Iran's gas industry sector is going to hold talks with French counterparts on the sidelines of the World Gas Conference (WGC) 2015.
The conference is being held on June 1- 5 in Paris.
Iranian Deputy Oil Minister in Gas Hamidreza Araqi, who was traveling to France, said Iran is going to deliver well-targeted essays at the conference which follow plans defined since three years ago when the previous round of the conference was held.
The WGC is held every three years by the International Gas Union (IGU) as an NGO, discussing planning and executive affairs in the gas industry in 14 special committees.
Araqi said Iran has representatives in all 14 committees in order to tap the experiences of fellow members.
He also said that for the day he was going to deliver a lecture on zero flaring to outline Iran's capabilities in the area.
Araqi added that on June 3, he and his team would be meeting a group of 100 French companies to explore cooperation opportunities.
According to the Iran Petroleum Ministry, the proved natural gas reserves of Iran are about 1,046 trillion cubic feet (29.6 trillion cubic meters) or about 15.8% of world's total reserves, of which 33% are as associated gas and 67% is in non-associated gas fields.
In June last year, however, British Petroleum put Iran at the top of the world's gas-rich countries with 33.6 trillion cubic meters gas reserve. The company downgraded Russia's reserves estimate to 32.9 trillion cubic meters from 44.6 trillion cubic meters in the preceding year's report, putting global proven gas reserves at 187.3 trillion cubic meters as of the end of 2012.
Edited by CN