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Politics reek havoc with Iran's gas-pipeline plans
Iran has grand plans to export gas by pipeline to Europe, South Asia and Arab Gulf states, but local, regional and international politics will hinder development, writes Digby Lidstone
IT IS HARD to tell whether senior Iranian energy officials believe their own rhetoric. If the official propaganda is to be believed, the country will triple its gas production to 475bn cubic metres a year (cm/y) by 2020, making the Islamic Republic responsible for 10% of global output. And if all the gas supply agreements that the government has signed were put into effect, the country would be connected by pipeline to Europe, the Arab world and the Asian subcontinent. The reality, of course, is rather different. The Iranian regime has surrounded itself with a phantom network of gas pipelines, which have, at times, been used for political leverage, but not one of which has materialised. Not the grand $7.5bn pipeline to India through Pakistan; nor the gas pipelines individually promised to Kuwait, Bahrain, Sharjah and Ras al-Khaimah; nor the ...Click here to continue reading Politics reek havoc with Iran's gas-pipeline plans
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