Sat 21 May 2022 | 21 May 2022

India, Pakistan Proper Market for Iran Gas

Chairman of Coordination Committee of the International Gas Union (IGU) said on Tuesday India and Pakistan are considered a special market for Iran’s gas considering their developing economies...

Chairman of Coordination Committee of the International Gas Union (IGU) said on Tuesday India and Pakistan are considered a special market for Iran’s gas considering their developing economies.

“Iran has the capacity to increase it gas export and boost presence in the global markets,” Menelaos Ydreos said on the sidelines of an IGU meeting, adding that Iran’s gas industry is advanced and systematic.
New Delhi and Islamabad are substituting natural gas with LNG, he said, “More that 50 percent of the world’s gas is used in Asia. Therefore, there is the potential to supply India and Pakistan with Iran’s gas.”
It’s worth mentioning that, the International Gas Union (IGU) is a non-profit organization which was founded in 1931. IGU has 91 Charter members and 57 Associate members in 91 countries. The mission of IGU is to advocate gas as an integral part of a sustainable global energy system, and to promote the political, technical and economic progress of the gas industry.

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