Iranian private sector to build 5 CNG stations in Iraq

Business Materials 9 May 2015 15:14 (UTC +04:00)

Baku, Azerbaijan, May 9

By Fatih Karimov - Trend: The Iranian private sector will build five compressed natural gas (CNG) stations in Iraq, said Amir Vakilzadeh, the National Iranian Oil Refining and Distribution Company's director for CNG plans.

The CNG stations will be established after a pipeline that is intended to transfer Iranian gas to Iraq comes on stream, Iran's Shana news agency quoted Vakilzadeh as saying May 9.

The mentioned stations will be built along the route from the city of Shalamcheh to the city of Basra, he noted.

The number of CNG stations during the last two years increased by 50 percent in Iran, while the consumption rate has not changed.

Iranian cars consume about 20 million cubic meters of CNG per day, equals usage of daily 20 million liters of gasoline.

According to NIORDC's annual statistics, Iran's CNG consumption in the fiscal year, corresponding to 2012 was 19 million cubic meters per day (mcm/d), so there hasn't been any significant increase in Iran's CNG consumption during the last two years.
Iranian cars also consume about 70 million liters of gasoline per day, 5 to 7 million liters of that are imported.

The latest statistics released by NIORDC indicates that some 36 bcm of CNG has been produced and consumed in Iran so far.

The country started CNG production a decade ago, supplying 800,000 cm/d of CNG to the domestic market.

Edited by CN