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Iran exports over 8 bcm of gas to neighboring countries

Business Materials 8 May 2016 17:15 (UTC +04:00)

Baku, Azerbaijan, May 8

By Fatih Karimov - Trend:

Iran has exported eight billion cubic meters of gas to Turkey during the last fiscal year (ended March 20), Yadollah Baibordi, an official with the National Iranian Gas Company (NIGC), said, oil ministry's SHANA news agency reported May 8.

Baibordi, who heads Zone 8 of the NIGC's Gas Transfer Operation said that about 366 million cubic meters (mcm) of gas was exported to Armenia from March 2015 to March 2016.

During the same period Iran also exported 257 mcm of gas to Azerbaijan, he added.

Baibordi also noted that as much as 25 billion cubic meters of gas was transferred via the zone for domestic consumption in various sectors including households, power plants and industry.

Currently Iran exports 27 million cubic meters per day (mcm/d) of gas to Turkey, barters about 1 mcm/d with Armenia, while swaps the same volume with Azerbaijan.

Azizollah Ramezani, the director for international affairs department of the NIGC earlier said that Iran would capable to export 300-350 mcm/d of gas to its 15 neighbors.

He said that currently the country produces 700 mcm/d of (raw) gas in Iran, but the figure would reach 1,200 mcm/d by 2021.

Iranian official added that beside the exist deals with Turkey, Azerbaijan, Armenia, Pakistan and Iraq, Iran is in talk with Afghanistan, Oman, Kuwait and other Persian Gulf countries to export gas.

According to the latest statistics of Iran's Oil Ministry, currently natural gas shares 68 percent in Iran's total primary energy consumption.

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