South Pars/North Dome Gas-Condensate field

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The South Pars/North Dome field is a natural-gas condensate field located in the Persian Gulf. It is by far the world's largest natural gas field, with ownership of the field shared between Iran and Qatar. According to the International Energy Agency (IEA), the field holds an estimated 1,800 trillion cubic feet (51 trillion cubic metres) of in-situ natural gas and some 50 billion barrels (7.9 billion cubic metres) of natural gas condensates. Ranked against other natural gas fields, it has almost as much recoverable reserves as all the other fields combined. It has significant geostrategic influence. As of early 2026, before the beginning of the 2026 Iran war, Qatar was producing approximately 18.5 billion cubic feet (520 million cubic metres) per day from the field, accounting for around 80% of Qatari government revenues, while daily production on the Iranian side was estimated to be around only 2 billion cubic feet (57 million cubic metres). Iran's inefficient exploitation of the shared...

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