2 August 2014 - 11:31
  • News Code: 222048
Iran Plans Fuel Exports to Iraq, Afghanistan

TEHRAN August 02 (Shana)--Iran plans to provide fuel oil and diesel fuel to Afghanistan and Iraq in the near future when more phases of the South Pars gas field come on-stream, a senior Iranian oil official said.

“Operation of new phases of South Pars [gas field] and ensuing natural gas production enhancement by 100 million cubic meters a day in the near future will cause a significant [volume of] liquid fuel…to be available for export to neighboring countries,” said Managing Director of National Iranian Oil Products Distribution Company (NIOPDC) Mostafa Kashkouli.
He added that Iran has already finalized a deal for gas oil delivery to Afghanistan, adding that talks are under way with Iraq to that effect.
“Given their potential for income generation and hard currency earnings, liquid fuel exports herald a bright perspective for the country,” he said.
Kashkouli stated that Iran is also assessing the conditions for exporting liquefied petroleum gas (LPG) to Iraq and Afghanistan.
Iran is expected to start pumping gas to neighboring Iraq early next Persian calendar year, which starts on March 21, 2015.
The country has already built 80 percent of its 100-kilometer section of the 270-kilometer pipeline stretching from the village of Charmaleh, located in Iran’s western province of Kermanshah, to Naft Shahr town on the border with Iraq.
The pipeline, which is estimated to earn Iran 3.7 billion dollars a year in revenues, will be fed by the massive offshore South Pars gas field in southern Iran.
The South Pars gas field, which Iran shares with Qatar in the Persian Gulf, contains significant amounts of gas and condensate.
News Code 222048

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