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Iran Targets to Collect 16 bcm of APG Annually

Egypt Oil & Gas

Irans Oil Minister Mohsen Paknejad stated that his country is targeting to collect 16 billion cubic meters (bcm) per year of associated petroleum gas (APG) in the Seventh Development Plan (2024-28), Shana reported. He noted that the currently collected APG amounts to 4 bcm per year.

BCM 52
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Global energy demand rises as power consumption jumps

Oil & Gas 360º

Gas demand rose by 115 billion cubic meters (bcm), or by 2.7%, compared with an average increase of around 75 bcm annually over the past decade. As a result of higher power consumption, natural gas saw the strongest increase in demand among fossil fuels in 2024.

Energy 130
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EIA Lastest News – Product Prices & Pipeline News

The Energy Law

One report is that if the 22 LNG terminals that have been approved for construction are built, their combined regasification capacity could reach 349 Bcm/y. (If If US LNG consumption grows 6% annually, consumption will total 46 Bcm/y by 2020.)