MNA Iran holds the second largest natural gas reserves in the world. Despite this advantage, the country controls less than one percent of the worlds natural gas market. Nevertheless, Iran is the third largest gas producer and, over the past few years, has focused on increasing its share of the global gas market. By the end of 2017, according to the ...

TEHRAN, April 25 (Shana) - A senior official with Iran's Research Institute of Petroleum Industry (RIPI) says the country enjoys vast shale gas reserves in the western province of Lorestan. Addressing a press conference in Tehran, Mohammad Reza Kamali, director of RIPI's upstream faculty, said huge reserves of shale gas have been located in the ...

National Iranian Oil Company's exploration director, Hormuz Ghalavand says the country has explored an underground natural gas reservoir in the southern Iran Fars province. It is predicted that the vast natural gas reservoir starts from Borazjan (the capital of Dashtestan county, Bushehr province) and stretches into Minab fault line and Persian Gulf ...