...

Iran to start injecting gas in Shoorijeh gas storage facility next year

Business Materials 6 November 2013 19:30 (UTC +04:00)

Baku, Azerbaijan, Nov. 6

By Rahim Zamanov - Trend:

Iran will start injecting gas in the Shoorijeh gas storage facility in the next Iranian calendar year (which starts March 21, 2014).

"The injectiond rate at Sarajeh gas storage facility has increased in the current year (which started March 21)," the Tasnim News Agency quoted Samivnad as saying.

He went on to note that Iran has identified 40 potential gas storage sites.

According to former managing director of the National Iranian Gas Company, Javad Owji , Shoorijeh is the Middle East's biggest gas storage facility.

"Iran will store gas from the joint gas fields, especially the giant South Pars field, in the facility," he said.

"The facility has the capacity to store over 4 billion cubic meters of gas," he added.

Massoud Samivand said in June that once Shoorijeh gas storage project comes on stream, Iran will no longer need to import gas from its neighbors.

"The Shoorijeh gas storage facility can provide sufficient gas to meet the consumption in the northern and eastern provinces of Khorsan Razavi, North Khorasan, South Khorasan, Mazandaran, Golestan, Gilan, amd Ardebil," he explained.

"The project will come on stream at a cost of two trillion rials (some 163.1 million dollars based on the official rate of USD and 66.6 million dollars based on the free market's price) which is 10 per cent less than the anticipated figure," Samivand added.

The Shoorijeh gas storage facility, located in the northeastern province of Khorasan Razavi, has the capacity to store 4.8 billion cubic meters of natural gas.

Shoorijeh gas storage facility has two phases and its injection capacity is 10 million cubic meters per day.

Once the gas storage facility comes on stream, Iran will rank as the world's fifth country in gas storage capacity. The United States of America, with 121 billion cubic meters ranks first on the list. Iran currently stands at 19th place.

Latest

Latest