Competition between Iran and Qatar in LNG production
Iran's prospects to increase production of LNG in the near future are doubtful. Low production levels, the stagnation in gas production projects, and the lack of local infrastructure for the construction of a gas liquefaction plant, outweighs the high demand for gas in the country. As LNG production company head, Ali Kheyrandish said in an interview with the Iranian Mehr news agency, $ 450 million are allocated for the implementation of projects for gas liquefaction, and by 2015 the plan is to bring LNG's production to 70 million tons per year. Last month, Qatar, the world leader in LNG production, brought the export of liquefied natural gas to 77 million tons per year, while launching the 6th and 7th phases of the "Katargaz" project. Leaving behind in 2002 Indonesia, ensuring 21 percent of the world's LNG, Qatar by upgrading its plants, produced 21 million tons of liquefied natural gas in 2006 . Over the past four years, Qatar has been able to increase LNG pr