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Iran Ranks 2nd in Gas Reserves in World: OPEC

  • July, 23, 2023 - 15:30
  • Economy news
Iran Ranks 2nd in Gas Reserves in World: OPEC

TEHRAN (Tasnim) – In its latest report, the Organization of Petroleum Exporting Countries (OPEC) said that Iran possesses the second largest proven gas reserves in the world and put the country’s gas reserves volume in 2022 at 33.98 trillion cubic meters.

Economy

In its “Annual Statistical Bulletin” on Sunday, OPEC said that Iran owns the second largest proven gas reserves in the world.

It said Iran’s gas reserves in 2022 remained at the level of 33.98 trillion cubic meters with no change compared to a year earlier.

Owning 47.75 trillion cubic meters of gas reserves, the Russian Federation stood in first place in the world, followed by Iran. Qatar with 23.83 trillion cubic meters stood in the third rank, Fars news agency reported. 

The total volume of gas reserves in the world in 2022 reached 210.063 trillion cubic meters, showing a 2.4 percent hike compared to a year before.

Iraq with 3.714 trillion cubic meters and China with 3.142 trillion of gas reserves rank 11th and 12th in the world respectively.

 
R1651/P
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