Iran: Hopes for natural gas production
Issue 991
- 25 Apr 2015
| 3 minute read
The first sign that a lifting of sanctions on Iran would significantly boost gas exports came from China, whose companies are expected to build the estimated $2bn Pakistani side of a planned pipeline to carry Iranian gas to its long-anticipated South Asian client. Iran has completed most of the work on its territory, without seeing any prospect of exporting a molecule of gas. Indeed, such announcements have too often flattered to deceive. And even the Chinese have found Iran hard work: China National Petroleum Corporation (CNPC)’s development of the mighty South Pars gas field has stalled, with Tehran cancelling contracts following disputes over the Chinese partner’s performance.
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles and set up news alerts.
Register