This is an extract from : http://english.farsnews.com/newstext.php?nn=9007272252
Iran to Live on Natural Gas Reserves for 100 Years
TEHRAN (FNA)- Iran's oil ministry said the country's natural gas reserves will live up to 100 years. The National Iranian Oil Company (NIOC) Director for Research and Technology Mohammad Ali Emadi said according to Iran's fifth five-year development plan (2010-2015), the country's gas production capacity should increase by 250 million cubic meters per day.
The South Pars/North Dome field is a natural gas condensate field located in the Persian Gulf. It is the world's largest gas field, shared between Iran and Qatar. According to the International Energy Agency, the field holds an estimated 50.97 trillion cubic meters of in-situ gas and some 50 billion barrels of condensate.
Iran's share of the field has 14 trillion cubic meters of natural gas and more than 18 billion barrels of gas condensate reserves.
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