Oil industry is the motivation of countries economy and natural gas is the motivation of oil industry,from this point of view oil industry development would be supported."Masoud Mirkazemi said.

According to public relation of NIGC,Deputy oil Minister of Iran on 3rd Iran gas forum said that ,the future of gas industry is flourshing and as a variety of reasons like increasing the price of gas derivation , aging of oilfields, gas low price and more compatibility of environment,countries will have more tendency to use natural gas in future.

Mirkazemi with reference to particular situation of Iran in natural gas industry said that from economical point of view Iran is a poweful country in gas industry and natural gas is our strenght point.

He said that besides increasing natural gas balance of the country is negative ,inorder to achieve the future outlook of I.R Iran,weekness and strenght points must be identified esp in upstream sector.

"Iran has the second largest gas reserves in the world with more than 29 trillion cubic Meters of gas"Deputy Oil Minister said,

He also added that by comparison of energy consumption rate between Iran and the other countries ,it is manifestly clear that the energy consumption rate in Iran is more than four times of world average.

Mirkazemi went on to say that natural gas is economical forerunner of the country and we welcome all the foreign projects as Nobaco pipeline project.