• Global Gas Analytics
  • Analysis & Forecasts

Middle East & Africa Consumption

June 2018

Iran’s economic woes and capital outflow from the country will moderate growth in its gas demand.

The government of Iran will need to invest in infrastructure to boost the utilisation of gas in the country. However, high inflation, US sanctions and the departure of foreign companies will all dent Iran’s gas consumption. The country’s parliamentary thinktank, the Majlis Research Centre, estimates capital outflow from the country rose to $39.2 billion in the financial year ending March 2018, much higher than $20.2 billion that left the country...