‘Iran must raise its gas market share’

Iran’s Oil Minister has launched the 2nd Iran National Gas Congress by saying Iran must increase its share of the world gas market to 10%.

Gholam-Hossein Nozari also stressed the importance of managing how to economize Iran’s domestic consumption of natural gas.

“If we mange our natural gas resource well we can have a more serious role in the economic development of the country and in creating a booming industry,” IRNA quoted him as saying.

Nozari also said while Iran has 15.5 percent of the world’s natural gas reserverves, its share of the world’s natural gas market was a mere 1 percent.

The two-day Second National Iran Gas Congress was inaugurated Saturday in the Congress Hall of the Islamic Republic of Iran Broadcasting complex in Tehran.

The event, which was attended by the country’s high-ranking officials, energy specialists and experts, aims to help Iran secure an additional market share by enhancing the available information on both energy investment and growing global gas demands.

The conference also seeks to provide a proper framework for research and development activities related to the gas sector.

Among the topics scheduled to go under discussion at the gathering are industrial management, the discovery and exploitation of gas reservoirs, transport and distribution of gas, human resources and executive management, strategic planning, fuel efficiency and new methods of economically sustainable gas consumption.

Health, safety and the environment are also on the agenda of the conference.

Special workshops related to the gas sector will be held on the sidelines of the conference, which concludes Sunday.

MMM/MR/GM

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