Iran plans to boost gas supply infrastructures
Azerbaijan, Baku, Apr. 4/ Trend F.Milad/
Supplying natural gas all over the country is among the prioritized plans of the National Iranian Gas Company (NIGC) in the current calendar year, which began on March 20, the NIGC head Javad Owji said, Shana news agency reported
He added that 7,000 kilometers length of pipeline and 5 pressure boost stations are projected to be established in the current year.
"The phases 15, 16, 17 and 18 of the South Pars gas field will increase output by 100 million cubic meters per day and there is no problem in providing residential and industrial units with natural gas," Owji noted.
Some 86 billion cubic meters (bcm) of natural gas was produced in the South Pars gas field in the past calendar year, the Pars Oil and Gas Company's managing director Mousa Souri said.
Shana news agency quoted Mousa Souri as saying that the output is valued at around $40 billion.
The gas field's output was increased by 6 million cubic meters per day in the past year compared to the year before, he added.
The South Pars gas field is shared by Iran and Qatar. The Iranian share, which is divided into 29 phases, has about 14 trillion cubic meters of gas, or about eight percent of the total world reserves, and more than 18 billion barrels of liquefied natural gas resources.