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Iran to transfer 10 bcm of gas

Oil&Gas Materials 22 September 2011 14:32
Iran is to increase gas transfer to the general pipeline up to 10 billion cubic meters by the second half of current solar year (starting March 20, 2011), SHANA quoted the director of the first zone of National Iranian Gas Transmission Company Koutaki as saying.

Azerbaijan, Baku, Sept. 22/Trend A. Qurbanova/

Iran is to increase gas transfer to the general pipeline up to 10 billion cubic meters by the second half of current solar year (starting March 20, 2011), SHANA quoted the director of the first zone of National Iranian Gas Transmission Company Koutaki as saying.

"More than 8 billion cubic meters of gas were transferred to the general pipeline in the first five months of this year," he said.

The gas transferred from this zone provides domestic consumption, Petrochemical units, the Abadan refinery, Ramin's power plant and gas injection to oil wells, he added.

Iran seeks to increase gas production in line with the Fifth Socio-Economic Development Plan (2010-2015). The country's gas production will surpass 665 million cubic meters per day by the end of the current year.

Iran has OPEC's second-highest oil output, and ranks second in the world in terms of natural gas reserves after Russia.

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