Speaking to reporters, Hamidreza Araqi, deputy Iranian petroleum minister for gas affairs, said Iran’s total gas production will reach 250 bcm/y and its exports will hit 60mcm/d this calendar year.
Araqi, who is also the CEO of the National Iranian Gas Company (NIGC), said his company, NIGC, contributes to the supply of over 70% of the country’s energy and fuel supply, adding all the power plants, industries, exports and household sectors are dependent on natural gas in Iran.
Iran and Turkmenistan, the mainstays of gas deals
It the two neighbors struck an agreement upon assessments of the experts, the matter will no longer have to be resolved an international arbiter, he added.
The official also said that once Iran starts gas exports to Iraq’s Basra, its exports will reach 60 million cubic meters per day.
Iran and Turkey have signed a gas deal for export of 30 mcm/d of Iranian gas to Turkey, he added.
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