Iran ready to export gas, LPG to Kuwait
Tehran, Iran, May 5
By Milad Fashtami - Trend:
Iran is ready to export gas to Kuwait via pipeline with the agreed price.
Director of Iran's Trade Promotion Organization, Valiollah Afkhamirad said that the country is also ready to export sulfur and LPG to Kuwait, Iran's Fars News Agency reported on May 4.
He added that a change in Tehran's foreign relations has led to several foreign delegations' visit to the country, which will bear results in the near future.
Iran plans to diversify its gas costumers.
Besides exporting gas to neighboring countries, Tehran also eyes to transfer gas to Europe.
The country plans to export gas to Europe via pipeline or in the form of LNG (liquid gas).
Iranian Oil Minister Bijan Namdar Zanganeh said on May 3 that Europeans prefer to diversify their gas and energy sources, Iran's IRNA News Agency reported.
"Europeans started negotiations to import Iranian gas nine years ago. But apparently, the talks were halted in the previous years," he explained.
Zanganeh went on to note that Iran is a country capable of exporting large volumes of gas and is always willing to provide gas to Europe.
"Once the phases of South Pars gas field come on stream next [Iranian calendar] year (to start on March 1, 2015), Iran will have extra gas to export," he said.
Zanganeh said on April 19 that Iran plans to export 80 billion cubic meters (bcm) of gas to Asia and Europe in the calendar year of 1400 (March 2021-March 2022).
"We are planning to export 80 billion cubic meters of gas to Turkey, Europe, Iraq, Pakistan, and the Arab states of the Persian Gulf in the calendar year of 1400," he said, Iran's IRNA news agency reported.
"We should boost oil, gas, electricity, and petrochemicals through diversifying methods of sale and cooperating with the private sector," he said, adding that the country's oil refining capacity is projected to rise to three million barrels per day.
Zanganeh earlier said Iran forecasts an increase in its crude oil and natural gas production in the current Iranian calendar year of 1393, which began on March 21.
Iran's crude oil output is expected to increase by about 200,000 barrels per day to four million barrels per day, and its daily natural gas output is expected to increase by about 100 million cubic meters per day to 400 million cubic meters per day.