Iran to increase gas storage to 5 mcm in 4 years

Business Materials 16 June 2015 14:09 (UTC +04:00)

Tehran, Iran, June 16

By Mehdi Sepahvand - Trend:
Iran says it will boost its natural gas storage capacity to five billion cubic meters in four years.

Right now exploration studies are underway to find the capacities for gas storage, director of the Natural Gas Storage Company Manouchehr Taheri said, Iran 's SHANA news agency reported June 16.

He said despite previous views, recent studies show that launching facilities for gas storage at the Qezel Tappe reservoir is economically justified. Qezel Tappe is situated in Golestan province in northern Iran.

He said launching storage facilities to the north of the country would eliminate the need to carry gas from South Pars to the area.

Taheri also maintained that another storage at Yortasha (to the south of Tehran) has undergone preliminary studies that show it can be used for storing gas.

He said that the project would be highly valuable for its proximity to the capital city, adding that it will be put up for BOT tender.

He also said that studies are also underway in the western parts of Iran to find new opportunities for launching storage facilities.

Iran will store over 4.2 billion cubic meters of natural gas at two facilities, namely Sarajeh and Shoorijeh, in the current Iranian fiscal year, which began on March 21.

From November 12, 2014 until April 17, 2015, some one billion cubic meters of gas was taken from the Sarajeh facility and injected into the national gas network during winter.

The construction operation of Iran 's third gas storage facility is underway in central Kashan city. Once the facility comes on stream, the country's total storage capacity will increase by 3 billion cubic meters to reach 11 billion.

Iran is now the Middle East 's leading country in terms of gas storage capacity. The country is also among the world's top five countries in this regard.

Edited by CN