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Iran says to unveil new gas plan in September

Oil&Gas Materials 26 June 2018 11:17 (UTC +04:00)

Tehran, Iran, June 26

By Kamyar Eghbalnejad, A. Shirazi - Trend:

The former director of National Iranian Gas Exporting Company said the government is scheduled to unveil a key gas project in September.

Iran will introduce a new national gas plan on the sidelines of the 1st International Iran Gas Show (IRGS), planned to be held in the Iranian capital of Tehran in September, Nosratollah Seifi told Trend on June 26.

IRGS 2018 will cover 12 specialized sectors, including drilling and exploration, gas supply, storage, distribution and transmission, technology and training, detection and evaluation, health, safety and environment, and over 80 subsectors for products and services.

He added that the plan envisages the transfer of gas through the country’s pipes in north, south, east and west.

With the completion of a 160-km gas delivery line from Zahedan to the border with Pakistan, Iran’s gas distribution network will be linked to east, west, north and south of the country, Seifi said.

He further said countries like Azerbaijan and Turkmenistan will show interest in the new gas plan once unveiled.

“Iran and Azerbaijan can increase their gas cooperation through bilateral and multilateral agreements,” he said, adding that Iran, Azerbaijan and Turkmenistan have the potential to boost their cooperation by contributing to the new gas project.

In early May, Amir Hossein Zamaninia, deputy oil minister for international affairs and trading, said Iran planned to form a joint oil company with Azerbaijan in what could prepare both to cooperate over the exploration and development of hydrocarbon reserves in the Caspian Sea and elsewhere.

According to the Iranian Oil Ministry, the country’s proved natural gas reserves are about 1,201 trillion cubic feet (34.0 trillion cubic meters), that is about 17.8 percent of the world's total reserves.

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