The South Pars field yields more than 80pc of Iran's production
Letter from the Middle East: Iran’s gas sector under pressure
Tehran’s gas industry faces two old and two new problems
The damage that US sanctions have wreaked on Iran’s oil exports is well-known. Less widely discussed are the effects on its gas industry. As negotiations in Vienna on the nuclear deal heat up, domestic gas is one of Tehran’s biggest concerns, and the country faces four challenges: two old and two new. Iran is holder of the world’s second largest gas reserves and is the third biggest producer of the fuel, but it also—remarkably for a medium-size country—behind only the US, Russia and China as a consumer. A mostly gasified power sector, the connection of even remote settlements to the grid, a cold winter climate, the rapid expansion of gas-based industry, and a legacy of subsidies and ineffici
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
