Some 200 mcm daily gas shortage awaits Iran's winter
Iran will face daily 200 million cubic meters of gas shortage due to a harsh winter season, the deputy of oil minister says, but how can it be saved? Iran -the biggest gas holder in the world- extracted about 220 bcm of gross gas during last year, of which 160.5 bcm was refined, according BP's annual report, published on mid-January. The country's gas consumption was 156 bcm, or 427.4 mcmpd. Although, Iran's gas output had increased by 214 percent during the decade to 2012 and reached 160.5 bcm, the consumption increased to 156 bcm. During Ex-President Mahmoud Ahmadinejad's time in office, due to withdrawal of western companies from Iran's oil and gas sector, especially from South Pars - the gigantic gas field with 33 tcm of proved reserves shared between Iran and Qatar- as well as the lack of domestic technology and not enough finance, new phases of South Pars have not come on stream since 2008. South Pars shares 27 percent of Iran's total gas reserv