The National Iranian Gas Company (NIGC) in an announcement said the measured reserves of natural gas in Iran have increased to above 34 trillion cubic meters (tcm) which is about 1.4 tcm more than the reserves of Russia. NIGC reported the figure had been provided by BP in its 2015 Statistical Review of World Energy and puts Iran ahead of Russia whose reserves stand at about 32.6 tcm for a second consecutive year. The report further adds that Iran’s gas production saw an increase of 5.2 percent in 2014 to reach a total of 172.6 bcm.