The project, known as Pars LNG, can serve as a good opportunity for Iran to join the global gas markets. A characteristic of natural gas markets involves geographical boundaries. Gas can be transferred within LNG form or through construction of pipelines. In other words, natural gas cannot be easily transferred and technological tools should be of help. The massive South Pars Gas Field is shared by Iran and Qatar. The largest gas reserve in the world has always given rise to speculation about what to do with this gas. Shall Iran allocate it for mere internal consumption or shall it earmark it for exports? Can the country use such huge gas reserves for petrochemical industries? The fact is that our partner in this joint field has recovered gas for one decade and Iran should accelerate its recovery from its own share not to lag behind Qatar. According to estimates, Iran can meet its domestic gas needs for 270 years from gas recovery in South Pars. Iran and Qatar enjoy identical positions for gas exports and they overlap one another. Qatar has tried its best in recent years to creep out of restrictions and get a foothold beyond the regional markets for its LNG. Iran has used its gas in its petrochemical projects or earmark for exports. The Islamic Republic has also injected gas to its oil fields from South Pars. Problems of gas transfer will restrict its sales and access to facilities for transfer of LNG can help Iran find a secure and guaranteed market. Entrance of China, Malaysia and Spain into Iran’s LNG exports introduces new markets for Iran that should not hesitate to seize on the moment