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Iran’s gas export hits 4 bcm in 6 months

Business Materials 27 September 2016 17:58 (UTC +04:00)

Baku, Azerbaijan, Sept. 27

By Fatih Karimov – Trend:

Iran’s gas export reached 3.92 billion cubic meters (bcm) during the first half of the current Iranian fiscal year (started March 20), Mehdi Jamshidi Dana, an official at the National Iranian Gas Company, said.

The figure indicates a rise by 3.4 percent year-on-year, Jamshidi Dana said, the oil ministry’s SHANA news agency reported Sept. 27.

He further said the country’s gas import decreased by 25.1 percent in the same period.

According to the OPEC reports, Iran imported 9 bcm of gas from Turkmenistan in 2015.

The country also supplied 7.83 billion cubic meters of natural gas to Turkey over the last year versus 8.93 billion cubic meters in 2014.

Jamshidi Dana also said that over 1 bcm of gas was injected into gas storage facilities, including Shourijeh and Sarajeh facilities in the six-month period, which is 17 percent more year-on-year.

He added that gas delivery to power plants increased by 8.2 percent to 39 billion cubic meters during the period.

The country’s gas output was 102 bcm in the six-month term, or 9.1 percent more year-on-year, Jamshidi Dana said.

Iran delivered 57 bcm of gas to power plants during the last fiscal year (ended March 20, 2016), according to Hamid Reza Araghi, managing director of the National Iranian Gas Company.

The figure is expected to reach 67 bcm in the current fiscal year.

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