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Iran to complete cross-country pipeline to increase gas exports

Business Materials 6 September 2014 09:48 (UTC +04:00)
Alireza Qaribi, the Managing Director of Iranian Gas Engineering and Development Company (IGEDC) said that the construction operation of Iran's ninth cross-country pipeline is underway.
Iran to complete cross-country pipeline to increase gas exports

Tehran, Iran, Sept. 5

By Milad Fashtami - Trend:

Alireza Qaribi, the Managing Director of Iranian Gas Engineering and Development Company (IGEDC) said that the construction operation of Iran's ninth cross-country pipeline is underway.

"Once the pipeline comes on stream, the country's total gas transfer capacity will be increased by 110 million cubic meters," he said, Iran's IRNA News Agency reported.

"The 1,800-kilometer pipeline will also help Iran to export gas to Europe," Qaribi said.

He explained that the first part of the pipeline will come on stream in the next Iranian calendar year (to start March 21, 2015).

Iranian Deputy Oil Minister Ali Majedi said on July 22 that the country plans to export gas to European countries in coming years.

"We haven't started any new negotiations but we have the required means to export gas to Europe," he said, Iran's ISNA News Agency reported.

"We currently export gas to Iraq and Turkey. We also swap gas with Azerbaijan and trade gas for electricity with Armenia," he said.

Iran seeks to export gas to Europe through Turkish soil he noted and added that some other routes are also being studied. Iran's Deputy Oil Minister Hamidreza Araqi said in March that Iran pursues two scenarios to export natural gas to Europe.

"The first proposed route is through Turkey, and the second one through Iraq and Syria," he explained.

Iran's gas exports will reach 10 billion cubic meters by the end of the current Iranian calendar year (March 20, 2015).

The country's gas production rate is expected to increase by 100 million cubic meters per day by the end of year, Iran's IRNA News Agency reported.

According to Hassan Torbati, an official with the National Iranian Gas Company, the country exported 9 billion cubic meters of gas in the previous year (ended on March 20).

Iran's Mehr News Agency reported on June 28 that Iranian Oil Minister Bijan Namdar Zangane has promised the country's president to increase Iran's total gas production by 80-100 million cubic meters per day.

The country can reach the goal by launching new phases of the giant South Pars gas field. Zanganeh said on May 3 that the country plans to export gas to Europe via pipeline or in the form of LNG (liquid gas).

"Europeans prefer to diversify their gas and energy sources," Zanganeh said, Iran's IRNA News Agency reported. He explained that Europeans started negotiations to import Iranian gas nine years ago but the talks were halted in recent years.

Zanganeh went on to note that Iran is a country capable of exporting large volumes of gas and is always willing to provide gas to Europe.

"Once the phases of South Pars gas field come on stream in next [Iranian calendar] year (to start on March 1, 2015), Iran will have extra gas to export," he said.

Zanganeh said on April 19 that Iran plans to export 80 billion cubic meters (bcm) of gas to Asia and Europe in calendar year 1400 (March 2021-March 2022).

He was quoted by Iran's IRNA news agency as saying, "We are planning to export 80 billion cubic meters of gas to Turkey, Europe, Iraq, Pakistan, and the Persian Gulf Arab states in calendar year 1400."

"We should boost oil, gas, electricity, and petrochemicals through diversifying methods of sale and cooperating with the private sector," he said, adding that the country's oil refining capacity is projected to rise to three million barrels per day.

In March, Zanganeh said Iran forecasts an increase in its crude oil and natural gas production in the current Iranian calendar year 1393, which began on March 21.

Iran's crude oil output is forecast to increase by about 200,000 barrels per day to 4 million barrels per day, and its daily natural gas output is forecast to increase by about 100 million cubic meters per day to 400 million cubic meters per day.

Edited by CN

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