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Iran’s gas exports to reach 200 mcm/d

Business Materials 1 August 2016 12:19 (UTC +04:00)


Tehran, Iran, Aug 1

By Mehdi Sepahvand – Trend:

Iranian Oil Minister Bijan Namdar Zanganeh has voiced plans to increase the country’s gas exports to 200 million cubic meters per day (mcm/d) in future.

Addressing a conference on the 50th anniversary of the establishment of National Iranian Gas Company (NIGC) in Tehran, Zanganeh said that exporting gas in the form of Liquefied natural gas (LNG) and also through pipelines to neighboring countries take priority, Trend's correspondent reported from the event.

He also predicted that the country’s gas consumption in the next Iranian calendar year (starting March 20) will reach 284 billion cubic meters.

Saying that the output of Iran’s South Pars gas field stood at 356 billion cubic meters in the last Iranian year, he forecasted that the giant gas field’s output will reach 400 billion cubic meters in the coming Iranian calendar year.

Additional reporting by Khalid Kazimov

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