Iran launches offshore gas projects

The Iran has launched five new projects that will produce 150 million cubic meters of gas per day in the largest natural gas field in the world that the country shares with Qatar.

According to Iranian authorities, the projects put Iran on an equal footing with Qatar in the exploration of offshore gas field. In addition to the gas projects, the country has also released four petrochemical projects with a annual production of 2 million tons worth about $2 billion, according to local media.

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