The SPQ1 gas platform is seen on the southern edge of Iran's South Pars gas field in the Gulf, off Assalouyeh, 1,000 km (621 miles) south of Tehran, January 26, 2011. REUTERS/Caren Firouz
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A potential boost in natural gas supply from Iran and Egypt may exacerbate a worldwide glut, reshape the global market and threaten U.S. export ambitions, according to Citigroup Inc.The two developments may displace demand for liquefied natural gas in the Middle East and beyond, possibly deterring future U.S. export projects, according to the bank.More than 50 applications have been filed to ship gas from the U.S.U.S. natural gas inventories will show a gain this week of 95 billion cubic feet with reclassified supplies, based on Citi's estimates.
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