Page added on April 21, 2007
Tehran: Iran sits atop the world’s second largest gas reserves after Russia but its national gas company said yesterday it may face rationing if domestic demand continues to increase, a news agency reported.
Iran has said it wants nuclear power to generate electricity, allowing it to conserve more of its valuable gas and oil for export. The West suspects it is seeking to build atom bombs.
Reza Kasaizadeh, managing director of Iran’s national gas company, suggested that Iran in relative terms was consuming more gas than energy-hungry China and its fast-growing economy.
“We believe the amount of energy consumption in our country is more than twice what is needed,” the ISNA news agency quoted him as saying. “If the current process of gas consumption continues, in the future gas will be rationed as well.”
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