Iran's gas production and consumption increase

Business Materials 18 June 2012 14:45 (UTC +04:00)

Azerbaijan, Baku, June 18 /Trend S.Isayev/

Iran's natural has production (excluding gas flares or recycled gas) has increased in 2011 by 5,6 bcm compared to 2010, according to BP's June 2012 World Energy review report, published on Monday.

In 2010 Iran's natural gas production was estimated at 146,2 bcm, and this figure reached 151,8 bcm in 2011.

Iran holds first place among naturas gas producing countries in the region, followed by Qatar and Saudi Arabia.

Iran currently responsible for 4,66 percent of world's natural gas reserves.

The Islamic Republic's gas consumption has also increased by 6,1 percent in 2011 compared to 2010. In 2010 Iran consumed 146,6 bcm, while in 2011 consumption increased to 153,3 bcm.

No other regional country, according to BP statistics, has reached 100 bcm of gas consumption in 2011 or 2010.