Iran permits private sector to export gas
Tehran, Iran, June 19
By Mehdi Sepahvand – Trend:
The Iranian private sector is allowed to export gas provided that they introduce the pipeline, Mohammad Reza Parsa, chairman of the Energy Exports Federation said.
To boost nonoil exports, there are numerous plans, including encouraging the export of energy carries such as electricity and gas, he told a press conference, Mehr news agency reported June 19.
Iran’s energy exports earn the country $35 billion a year, which is planned to increase to $200 billion by 2025.
He said in current circumstances Iraq is the most ideal country for Iran as a market for energy.
Iraq currently owes Iran over $1 billion for energy carries it has imported.
Iran hopes to achieve a daily gas output of one billion cubic meters in the near future.
The official further said Iran plans to diversify its gas revenues by using gas-powered power plants to generate and export electricity.