Calls for Focusing on LNG Exports

Natural gas export via pipelines will soon become a thing of the past, which makes it crucial for the National Iranian Oil Company to prioritize the export of liquefied natural gas (LNG), an energy expert said.
“LNG trade is expected to surpass 500 billion cubic meters in 2023, because of strong demand in developing Asian markets. This is while Iran has not even entered the lucrative market yet,” Morteza Behrouzifar also told ILNA.
Iran’s Arab neighbor Qatar is selling more than 80 million tons of LNG per year while Iran, as one of the biggest holders of gas reserves, has not even started investing in the profitable business. Iranian energy officials still insist on expanding pipelines, he added.