Iran ‘cuts gas exports to Iraq’ as US oil sanctions dent associated gas production

摘要

Iran has cut back on natural gas pipeline exports to neighbouring Iraq as it is struggles to meet domestic demand, reports suggest, despite announcements from Tehran in recent months that advances have been made in the gas production capacity from the offshore South Pars field and a recent dip in pipeline exports to Turkey. US sanctions have curbed Iran’s oil production, impacting associated gas production. Iran has huge natural gas reserves of 31.9 Tcm, second in the world only to Russia’s 38.9 Tcm according to BP statistics, yet it now struggles to meet domestic demand.