{"id":1302,"date":"2017-10-24T16:42:06","date_gmt":"2017-10-24T16:42:06","guid":{"rendered":"http:\/\/madaresharghi.com\/iran-keeping-hopes-alive-for-natural-gas-export-to-europe\/"},"modified":"2017-10-24T16:42:06","modified_gmt":"2017-10-24T16:42:06","slug":"iran-keeping-hopes-alive-for-natural-gas-export-to-europe","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/iran-keeping-hopes-alive-for-natural-gas-export-to-europe\/","title":{"rendered":"Iran Keeping Hopes Alive for Natural Gas Export to Europe"},"content":{"rendered":"<p><a href=\"http:\/\/madaresharghi..com\">madaresharghi<\/a><br \/>\n<\/p>\n<p> \tDespite years of speculations and no action, Iran continues to weigh options to transport its profuse natural gas resources to Europe and emerge from a marginal exporter in the region into a major player in the global market. In an interview with IRNA on Friday, Mohammad Hossein Adeli, the secretary-general of the Gas Exporting Countries Forum, kept the door open for Iran\u2019s gas export to Europe through pipeline and in the form of liquefied natural gas.<br \/> \t\u201cBoth methods have their advantages,\u201d said Adeli, whose second two-year term as the GECF chief will end by the end of the year.<br \/> \t\u201cGas export through pipelines will be cheaper but it comes with political considerations \u2026 LNG allows Iran to transport its natural gas anywhere in the world without facing political challenges,\u201d he added.<br \/> \tOfficials have for years promoted the idea of laying and extending a gas pipeline through Azerbaijan or Armenia in the northwest through Europe, but the scheme has not taken off due to financial reasons as well as complications of bringing together several nations to execute a multibillion-dollar joint venture.<br \/> \tAll of Iran\u2019s gas export of about 40 million cubic meters per day flows through pipelines, mainly to Turkey and Iraq. This is dwarfed by its production that stands at around 880 mcm\/d, most of which are burned to meet the increasing demand at home.<br \/> \tIran has considered eight gas export routes to Europe with an annual capacity of 25-30 billion cubic meters a year.<br \/> \tBut with plans to construct thousands of kilometers of gas pipeline to Europe looking like a distant possibility, Adeli pointed to Iran\u2019s growing interest in launching its LNG production and supply chain.<br \/> \t\u201cTaking stock of political considerations in the region, LNG export is a top priority,\u201d he said.<br \/> \tIran is pushing ahead with plans to build several LNG production and export facilities, and once the infrastructure becomes operational, the country hopes to export 5-10 million tons of LNG to Europe.<br \/> \tDespite importing more than 80% of its crude oil and natural gas demand, Europe will be a difficult market for Iran to tap into, as Russia continues to dominate the European energy market.<br \/> \t\u201cRussia is the single largest [gas] supplier to Europe with more than 33% market share,\u201d Adeli said, acknowledging that Iran\u2019s prospective exports will not nearly measure up to Russian supplies.<br \/> \tAccording to a report by Bloomberg, Gazprom PJSC, Russia\u2019s state-run export monopoly, shipped a record amount of gas to the European Union last year and accounts for about 34% of the trading bloc\u2019s use of the fuel. Russia will remain the biggest source of supply through 2035, according to Royal Dutch Shell.<br \/> \tIran\u2019s idleness in the LNG market becomes even more conspicuous compared to Qatar, a small Arab nation that shares the world\u2019s largest natural gas field with Iran in the Persian Gulf but holds the title as the world\u2019s largest LNG supplier, holding around 30% of the global market.<br \/> \tIran holds 34 trillion cubic meters of natural gas reserves, the largest in the world ahead of Russia with 32.6 trillion cubic meters, according to BP estimates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>madaresharghi Despite years of speculations and no action, Iran continues to weigh options to transport its profuse natural gas resources to Europe and emerge from a marginal exporter in the region into a major player in the global market. In an interview with IRNA on Friday, Mohammad Hossein Adeli, the secretary-general of the Gas Exporting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8],"tags":[639],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Iran Keeping Hopes Alive for Natural Gas Export to Europe - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/iran-keeping-hopes-alive-for-natural-gas-export-to-europe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran Keeping Hopes Alive for Natural Gas Export to Europe - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"madaresharghi Despite years of speculations and no action, Iran continues to weigh options to transport its profuse natural gas resources to Europe and emerge from a marginal exporter in the region into a major player in the global market. In an interview with IRNA on Friday, Mohammad Hossein Adeli, the secretary-general of the Gas Exporting [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/madaresharghi.ir\/en\/iran-keeping-hopes-alive-for-natural-gas-export-to-europe\/\" \/>\n<meta property=\"og:site_name\" content=\"madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-24T16:42:06+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"3 minutes\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#website\",\"url\":\"https:\/\/madaresharghi.ir\/en\/\",\"name\":\"madaresharghi | An Analytical Look at Middle Eastern Developments\",\"description\":\"madaresharghi | An Analytical Look at Middle Eastern Developments\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/madaresharghi.ir\/en\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/iran-keeping-hopes-alive-for-natural-gas-export-to-europe\/#webpage\",\"url\":\"https:\/\/madaresharghi.ir\/en\/iran-keeping-hopes-alive-for-natural-gas-export-to-europe\/\",\"name\":\"Iran Keeping Hopes Alive for Natural Gas Export to Europe - madaresharghi | An Analytical Look at Middle Eastern Developments\",\"isPartOf\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/#website\"},\"datePublished\":\"2017-10-24T16:42:06+00:00\",\"dateModified\":\"2017-10-24T16:42:06+00:00\",\"author\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/#\/schema\/person\/c52e345120843d5f259215c4e809cdd2\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/madaresharghi.ir\/en\/iran-keeping-hopes-alive-for-natural-gas-export-to-europe\/\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#\/schema\/person\/c52e345120843d5f259215c4e809cdd2\",\"name\":\"administrator\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/901309319175b0d219e688b01909d220?s=96&d=mm&r=g\",\"caption\":\"administrator\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/1302"}],"collection":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/comments?post=1302"}],"version-history":[{"count":0,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/1302\/revisions"}],"wp:attachment":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/media?parent=1302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/categories?post=1302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/tags?post=1302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}