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Iran's gas output increases 10 percent Y/Y

Oil&Gas Materials 27 April 2015 12:41 (UTC +04:00)

Baku, Azerbaijan, Apr. 27

By Dalga Khatinoglu - Trend:

A month after the end of Iran's last fiscal year, the National Iranian Gas Company announced that during last year, Iran's total sweet gas output increased by 10 percent to 202 billion cubic meters per annum (bcm/a).

No statistics have been published about the produced enriched gas, but South Pars gas field's output increased by 102 mcm per day (mcm/d) to 365 mcm/d during the last fiscal year, while delivery of sweet (refined) gas increased by more than 100 mcm/d as Iran's Shana Agency reported April 27.

The National Iranian Gas Company Dispatching Director Manouchehr Taheri announced that during the last fiscal year Iran increased gas export by 4 percent to 9.7 bcm, while delivering gas to power plants up by 38 percent to 50 bcm, NIGC's official website reported.

He said that supplying gas to power plants would reach 60 bcm/a during the current year. Iran also delivered some 32.5 bcm/a to the industrial sector, which indicates a 9 percent increase year-to-year.

On the other hand, Iran's Shana news agency reported that during last year, Iran produced 111 bcm/a of enriched natural gas from South Pars, the country's biggest gas field, which holds about 40 percent of Iran's gas reserves and 55 percent of gas output.

Iran aimed to increase gas production from South Pars by 100 mcm/d during the current year.

Currently, Iran's gas production capacity is about 660 mcm/d as Iranian officials has announced.

Iranian housing sector shares about 40 percent in the country's total gas output (91 bcm/a), while about 34 bcm/d of gas is re-injected to old oil fields and the flaring gas amount stands at above 11 bcm/a.

Edited by CN

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