The Iranian government said the country has hydrocarbon reserves of 270 billion barrels of oil equivalent. According to local media reports, the government has estimated natural gas reserves at 26.6 trillion cubic meters, equivalent to 17% of the world’s proven gas reserves and 47.7% in the Middle East. Domestic gas consumption has risen by 15.5%…
IRAN: Oil and gas reserves put at 270 billiom barrels of oil equivalent
Posted on July 17, 2002 by EnergyAsia