Iran’s Pars Oil and Gas Company (POGC) announced today that it has discovered the world's biggest helium reserve in its South Pars gas field. POGC estimated the volume of South Pars helium reserves at 10 billion cubic meters, approximately 25 percent of the world’s known reserves [Mehr News Agency, 30 September]. The South Pars gas field is shared by Qatar and Iran. Qatar is already producing some helium. The US is the world's leading supplier of helium, followed by Algeria.
The world’s annual production of helium is approximately 200 million cubic meters. The main use of the gas is in cryogenic applications, particularly in the cooling of superconducting magnets in MRI scanners. Helium is also the gas of choice to fill airships and blimps.
File Photo: A South Pars refinery in Asalouyeh, Iran. Mehr Photo