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Iran plans to cut dependency on Turkmen gas imports

Source: Mehr News Agency

Iran has developed a plan to launch a new pipeline, aiming to boost gas supply to the Caspian Sea provinces and cut dependency on gas imports from Turkmenistan, the Mehr News Agency quoted National Iranian Gas Company's Managing Director Javad Owji as saying.

The 160-kilometer proposed pipeline is projected to carry natural gas from Semnan province to Mazandaran province. The project will be finished at the cost of 3.5 trillion rials (around $285 million) within 2 years, he noted.

Iran imports 15-18 million cubic meters of gas per day from Turkmenistan, but the figure reaches 30 million cubic meters during winter.

On October 22, IRNA quoted Owji as saying that Imports of natural gas from Turkmenistan into Iran have decreased by 52 percent over the first half of the current Iranian year compared to the same period last year, which began on March 20.

According to BP, Iran imported some 10.2 billion cubic meters of gas from Turkmenistan last year, while exporting some 8.4 billion cubic meters of gas to Turkey.

Last year, gas consumption and production in Iran amounted to about 153.3 billion cubic meters and 151.8 billion cubic meters, respectively.

Iran also barters around 400,000 cubic meters of its gas to Armenia for electricity. With Azerbaijan, Iran is using swaps, which accounts for one million cubic meters of gas per day.

... Payvand News - 11/27/12 ... --

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