Azernews.Az

Iran's Fajr-e-Jam refinery's annual repair project has cause the facility to stop producing gas. The country's gas production is expected to face 100 to 150 million cubic meters decrease for three days, the Mehr News Agency reported.

Fajr-e Jam gas refinery is located in Iran's southern province of Bushehr.

Iran, which sits on the world's second largest natural gas reserves after Russia, is making efforts to up its gas production by increasing foreign and domestic investments, especially in South Pars gas field.

Iran is currently producing around 285 mcm per day of gas, and 35,000 barrels of oil from South Pars. It is while Qatar extracts some 450,000 barrels of oil from the gas field's oil layer.

Iranian President Mahmoud Ahmadinejad had said that the gas field's production capacity would reach 480 mcm by September, equaling Iran and Qatar's pace of tapping the joint gas field.

Iran has extracted 500 billion cubic meters of gas from South Pars over the course of 15 years.

It is while Qatar announced last year that its total gas extraction from the field has reached one trillion cubic meters.

Thanks to extracting gas from the joint field, Qatar is currently world's largest LNG exporter. It's annual LNG exports stands at 77 million tons.

Due to the US-generated sanctions against Iran's oil and gas sector, giant foreign companies have left the country's energy projects. This has caused severe problems for Iran in regards to developing joint oil and gas fields.