Iran to Boost Daily Gas Production Output in 5 Years 

Iran’s gas output will reach 1.3 billion cubic meters (bcm) per day in five years, Iran’s Oil Minister Javad Owji said Sunday according to the semi-official Student News Network, up from 1.07 billion cubic meters per day that it currently produces.

To “ensure Iran’s central role in global energy,” $80 billion will be invested in the development of its gas fields, Owji said while at the seventh summit of the Gas Exporting Countries Forum (GECF) held in Algeria.

Since the reimposition of sanctions by then U.S. President Donald Trump in 2018, Tehran has been cut off from…