BAKU, Azerbaijan, Feb. 9
By Elnur Baghishov – Trend:
Iran has begun the laying of a gas pipeline from the 7th pipeline on gas transportation to the Qeshm Island - largest island in the Persian Gulf, said the head of the technology and research department of the National Iranian Gas Company (NIGC) Mohsen Mazlum Farsibaf, Trend reports citing the IRNA.
He made the remark in a conference on investment opportunities in the oil, gas and petrochemical sectors in the Qeshm Free Trade Zone.
According to Farsibaf, the Qeshm Island is estimated to be supplied with gas by next year. About 25 million euro has been allocated for the laying of a 59 km long pipeline.
Farsibaf added that it is planned to transport 25 million cubic meters of gas per day to Qeshm Island in the first stage. This gas pipeline is laid through the bottom of the Persian Gulf.
The official noted that Iran's gas extraction potential has increased. At present, Iran extracts natural gas in the volume of 6 million barrels of crude oil.
As reported, Iran extracts about 2 million barrels of crude oil and 930 million cubic meters of rich gas per day.
The length of Iran's 7th gas pipeline is 902 km. The pipeline runs from Bushehr in (southern Iran) to Sistan and Baluchestan in southeastern Iran.