Speaking at a specialized training course for the journalists covering gas news, Araqi said currently 189 billion cubic meters (bcm) of gas are being produced in the country annually which is planned to hit 330 bcm in the next four years.
He added Iran sits atop the largest gas reserves of the world with 34 tcm of gas noting energy security is an important issue for countries and Iran with huge gas reserves can meet their needs.
According to Araqi, injecting gas to reservoirs, converting gas to the products enjoying higher value-added including electricity, delivering gas to petrochemical plants as feedstock, using gas for the welfare of people and boosting exports are among the top priorities of NIGC in gas market.
He further noted that under a premeditated plan in next three years NIGC intends to expand the number of gas boosting pressure stations from 71 to 90, oil refineries from 13 to 17 and gas transfer pipelines from 35 to40 thousand kilometers.
“In order to realize its development targets within the next three years, NIGC needs 62 billion dollars in investment including 34 billion dollars investment in gas transfer, 3 billion dollars in storage, supplying gas to households 4.5 billion dollars”, NIGC chief noted.
He concluded gas is the driving force behind the economic activities having the ability to create many jobs and get the country out of recession.
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