Baku, Azerbaijan, Feb. 24
By Fatih Karimov - Trend:
Iran's gas transfer capacity will reach 200 billion cubic meters by the end of the current Iranian fiscal year (March 20).
Mohammad Ali Emam, the managing director of the National Iranian Gas Transfer Company, said 186bcm of gas have been transferred in the current year so far, Iran's Shana news agency reported on Feb. 24.
The volume of gas transferred since the beginning of the current year has increased by 12 percent year on year, he added.
The national gas network is 33,124 kilometers long, and will be expanded to 61,457 kilometers by 2025, he noted.
In Sept. 2014, Emam said Iran will double its natural gas transfer capacity to 400 billion cubic meters per year by 2025.
Iran holds the world's largest proven natural gas reserves, at 33.8 trillion cubic meters - or 18.2 percent of the world's total proven reserves.