Which way for Iranian gas? With global demand for gas increasing, Iran--home of the World's second largest reserves--is poised to become an important provider.(Business & Finance)

From: The Middle East | Date: April 1, 2004| Author: Ford, Neil | Copyright information

With the world's second biggest gas reserves, Iran has long threatened to become a major player in the international gas market. Global demand is rising relentlessly and the country is well placed to supply markets in East Asia and the European Union (EU). However, a combination of regional geopolitical problems and domestic affairs has slowed the development of the sector.

Iran's internal struggle over economic reform and liberalisation has prevented the introduction of...

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