“Iran enjoys such advantages as shortest route to gas markets, world’s largest gas production capacity, holding massive infra-structures to export gas to multiple destinations, and lowest investment costs,” he added.
Iran has the potential to increase its daily gas exports from existing 80 million cubic meters daily to 300 mcm, Araqi told reporters on the sidelines of the Iranian Petroleum and Energy Club 2015 Congress and Exhibition (IPEC 2015) in October.
“More than cash or using the technology, we would like to have foreign companies’ advanced technology to be transferred to domestic companies,” Minister of Petroleum Bijan Zangeneh said in a televised program in September.
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