24 January 2015 - 09:37
  • News ID: 233525
Daily Gas Export Capacity to Rise 150 mcm

TEHRAN Jan 24(Shana)--Iran will see its natural gas export capacity rise by 150 mcmc/d once new phases of the giant offshore South Pars gas field come on-stream by 2018, an senior gas official said.

Alireza Kameli, managing director of National Iranian Gas Exports Company, said 100mcm/d of gas export capacity is expected to be achieved through the South Pars phases by adding at least 150 mcm/d of natural gas to Iran's export capacity every year. 

He also said Iran is ready to ink long-term contracts with the region's countries for the export of natural gas. 

Talks as underway for delivery of Iran's gas to some Persian Gulf littoral states including Kuwait and the UAE, he added. 

Kameli also said that Iran's gas export to Afghanistan through pipeline is not economical but can be pursued in the form of CNG cargoes. 

South Pars, which is jointly operated by Iran and Qatar, is a main supplier of gas to Iran’s trunklines as well. 

South Pars covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran’s territorial waters in the Persian Gulf. The remaining 6,000 square kilometers are situated in Qatar’s territorial waters.

The gas field is estimated to contain a significant amount of natural gas, accounting for about eight percent of the world’s reserves, and approximately 18 billion barrels of condensate.

News ID 233525

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