Iranian Energy Ministry has a $3 billion debt
Azerbaijan , Baku, June 29 /Trend/
Iran 's Energy Ministry owes $3billion the Oil Ministry for transforming plants to combined cycle power plant, Mehr News Agency reported quoting Deputy Oil Minister Javad Ouji as saying.
Combined Cycle power plants are those which have both gas and steam turbines supplying power to the network.
"The National Iranian Gas Company (NIGC) negotiated with oil ministry to deliver 160 million cubic meters of gas to plants from May 22 to June 21. However, in current conditions 140 mcm of gas per day will be delivered to plants and the rest will be provided from liquid fuel reserves," he said.
"Iran gas transfer to major industries increased by 11 percent, CNG station grew 25 percent and injection of sweet gas to oil reserves increased by 132 percent, while gas export increased more than 2 percent," he added.
The National Iranian Gas Company has not increased its production capacity in current solar year (started March 20, 2011).
The NIGC delivered 140 million cubic meters of natural gas to country's power plants alongside 3.4 billion liters of gas-oil and furnace fuel oil in plants reserves. The gas supplies to plants are four times more than country's gas exports.
Iranian president Mahmoud Ahmadinejad earlier demanded transformation of Iran's plants to combined cycle units and currently the National Iranian Gas Company provides fuel for 54 plants.
The Energy Ministry is committed to transform all country's power plant into combined cycle in order to save 25 percent of energy consumption.