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Iran to boost CNG production to 30mcm per day

Iran Materials 11 September 2013 13:45 (UTC +04:00)

Azerbaijan, Baku, Sep.11/ Trend F.Karimov/

Iranian Oil Minister Bijan Namdar Zanganeh has said the country will boost compressed natural gas (CNG) production to 30 million cubic meters (mcmc) per day, the Mehr News Agency reported.

The decision has been taken to create a balance between the consumption of gasoline and CNG in the country, he said.

He also said that new gas transfer pipelines should be established across the country in order to guarantee the supply of natural gas nationwide.

In April, the Mehr News Agency reported that CNG price may also rise in the current year, but did not provide details. Each cubic meter of CNG is sold at 2600 rials (some $0.2) to CNG stations.

Meanwhile, IRNA quoted National Iranian Oil Products Distribution Company official Shahram Asadpour as saying that Iran plans to establish 314 new compressed natural gas (CNG) stations across the country in order to boost the CNG share in the country's fuel basket by two per cent to reach 25 per cent.

The number of compressed natural gas filling stations in the country stands at 1976, he added.

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