According to studies carried out by the ninth government of Iran, their annual growth rate for natural gas consumption in the world has been forcast at an average of about 3.1 percent between 1997 and 2020. These statistical figures will stand at 5.5 percent in developing countries and at 1.2 percent in developed states. Therefore, European countries will be at their best position in 2020 with a natural gas consumption growth rate of 2 percent while developing Asian nations will be consuming at a rate of 7.9 percent and the corresponding figure for the Latin American states will stand at 7.5 percent.
According to Iranian current natural gas and oil estimates, Iran’s share of oil in supplying energy to the world will decrease from 41.3 percent in 2000 to 39.2 percent in 2020 while their share of natural gas in supplying energy to the world will increase from 22.6 percent in 2000 to 26.5 percent in 2020.
Iran currently enjoys about 27 trillion cubic meters of natural gas resources (over 15 percent of global reserves) and, thus, stands high in the global natural gas industry. Since those natural gas reserves have been used only for the past 100 years, the country can increase its share of global energy markets by making suitable investments.
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