Number of gas field starts in the Middle East 2010-2020

 As of 2020, the number of gas field starts in the Middle East was three. The number fluctuated over the past decade, as in comparison to 2010 when the number of gas field starts was five. The main gas fields of the Middle East are located offshore in the Persian Gulf and are shared between Iran and Qatar.  

 Gas reserves

  The world’s largest natural gas reserves are located in the Middle East and amount to over 75 trillion cubic meters. Iran alone holds 17 percent of the world’s gas reserves, followed by Qatar with 12 percent. Only Russia’s natural gas reserves are larger, at 24 percent of the total world reserve.  

 Gas producers

    Although the United States have only the fourth largest natural gas reserves worldwide, they were the leading natural gas producer with over 920 billion cubic meters. Following behind was Russia. The leaders of natural gas production in the Middle East were Iran with 244 billion cubic meters and Qatar with 178 billion cubic meters.

Number of gas field starts in the Middle East from 2010 to 2020*

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Sources

Release date

June 2020

Region

MENA

Survey time period

2010 to 2020

Supplementary notes

*Figures might not be whole numbers as they are based on estimates.

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Statistics on "Middle East natural gas industry"

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