EconomyIran

Iran’s gas exports to increase by 150 mn cbm in 3 years

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Managing Director of the National Iranian Gas Company Alireza Kaameli announced increase of 150 million cubic meters of gas per day to the gas export capacity of the country in the next three years.

He said with regard to the annual production increase of 100 million cubic meters of gas from South Pars in the next three years at least 150 million cubic meters of gas will be added to the export capacity of the country per day.

The official further remarked that with regard to the good markets in the region and increase in export capacity in the coming years, there will be no problem for signing new contracts and export of gas.

He referred to new negotiations being held with the Persian Gulf countries for the export of gas and said currently talks are underway with Kuwait, the United Arab Emirates and Oman, adding that although the talks have not been finalized the result has been satisfactory.

As for the export of gas to Afghanistan, Kaameli said export of gas to this country due to the need for construction of lengthy pipeline does not seem economical while the country has also small markets.

However, he added, currently export of gas to Afghanistan is being considered in the form of CNG and studies have been conducted in this regard but not finalized yet.

In general, the official noted, Iran is after increasing gas relations with the neighboring countries because their long term gas contracts will entail strengthening of trade ties and subsequently political relations.

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