Zawya: Qatar's gas reserves 'set to last 156 years'

Qatar's gas reserves would last at least another 156 years at current production rates, a new report has shown.

In 2013, Qatar had raw gas reserves totalling 872tn cubic feet, giving it the third largest proven reserves of natural gas in the world after Russia and Iran, said QNB in its latest Qatar Economic Insight.

"It is therefore likely that Qatar will continue extracting gas well into the 22nd century," QNB said.

Qatar discovered the extent of its natural gas reserves in 1971 when the offshore North Field was discovered. The North Field is now known to be the largest non-associated gas field in the world, accounting for around 99% of Qatar's gas reserves.
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