{"id":19139,"date":"2018-07-14T10:40:16","date_gmt":"2018-07-14T06:10:16","guid":{"rendered":"https:\/\/exhibitionmakers.com\/?p=19139"},"modified":"2025-11-06T12:24:10","modified_gmt":"2025-11-06T08:54:10","slug":"iran-capable-of-becoming-regions-central-gas-hub","status":"publish","type":"post","link":"https:\/\/exhibitionmakers.com\/en\/iran-capable-of-becoming-regions-central-gas-hub\/","title":{"rendered":"Iran Capable of Becoming Region\u2019s Central Gas Hub"},"content":{"rendered":"

An energy expert said Iran\u2019s potential in the gas sector allows it to become a hub for the region\u2019s gas trade, in case it invests more efforts in penetrating foreign markets and manages to boost its export.<\/span><\/p>\n

Nasrollah Seifi, the former CEO of Iran Fuel Conservation Company and National Iranian Gas Export Company, made the statement at a press conference on the International Iran Gas Show (IRGS 2018) in Tehran on Monday.<\/p>\n

Sketching Iran’s prominent status in the global gas market, Seifi said Iran owns over 34 trillion cubic meters of gas, holding the largest proven gas reserves across the world.<\/p>\n

Moreover, Iran is located in a gas-rich region, which hosts over 60 percent of global gas reserves, he said. Iran\u2019s neighbors of Russia, Qatar and Turkmenistan are the three top holders of gas reserves after Tehran.<\/p>\n

Iran has fifteen neighbors who could be clients of Iran gas or transit its gas to major consumers such as China and India, Seifi said.<\/p>\n

Bedsides, Iran owns a vast network of gas pipelines of 36,000 kilometers, which could be expanded to 45,000 kilometers to allow for transfering 1,100 million cubic meters per day, he said.<\/p>\n

\u201cDespite having such valuable advantages, Iran has a modest share in the global gas trade,\u201d he said.<\/p>\n

\u201cIn 2016, we managed to produce gas worth up to 3,018 million euros, ranking third in the production of the substance after Russia and the US,\u201d he said.<\/p>\n

Despite Iran owns about 18 percent of the world\u2019s total gas reserves and its production accounts for over five percent of the global figure, it\u2019s share in the global gas trade is only one percent.<\/p>\n

Seifi said the reason lies in Iran\u2019s weak marketing capabilities, which have prevented the country from dominating markets in the region and beyond.<\/p>\n

Iran\u2019s proven gas reserves worth 7 trillion Euros, Seifi said, showing Iran\u2019s gas industry has the potential to play a big role in revitalizing the Iranian economy.<\/p>\n

Iran would do well to invest more efforts in boosting its production capacity and export, as the rise of renewable energies could lead to a big fall in the value of the substance, he said.<\/p>\n

The expert said Iran neighbors countries such as Pakistan, India, Afghanistan, Azerbaijan, Georgia, Turkey and Iraq could be among top markets for Iran\u2019s gas.<\/p>\n

Moreover, Iran could also liquefy its gas and export LNG to countries such as China, India, South Korea and Japan, Seifi said.<\/p>\n

For any type of stand design and construction such as special decoration, octanorm, and Maxima click here<\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Shahre Aftab International Exhibition of Gas Industry will be hold in Shahre Aftab international exhibition between 01 to 04 Sep 2018.<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[41],"tags":[2836,408],"class_list":["post-19139","post","type-post","status-publish","format-standard","hentry","category-breaking-news","tag-international-exhibition-of-gas-industry","tag-oil-and-gass-petrochemical-industries","country-iran-exhibition","city-tehran-shahre-aftab-exhibition-tehran-exhibition-en"],"acf":[],"yoast_head":"\nIran Capable of Becoming Region\u2019s Central Gas Hub<\/title>\n<meta name=\"description\" content=\"Iran Capable of Becoming Region\u2019s Central Gas Hub\" \/>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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