28 August 2022 - 14:05
  • News Code: 461229
Iran Gas Export Revenue up 64% under Raisi

TEHRAN (Shana) – The CEO of the National Iranian Gas Company (NIGC) said the country’s gas export revenue rose by 64% in the first year since President Raisi took office in September 2021.

Addressing a ceremony held on the occasion of the government week to launch a number of gas supply projects on Sunday, Majid Chegeni announced that in the first year of the 13th administration, “we saw a 64% increase in gas export income and launching of 503 kilometers of new gas transmission lines.”

He stated that the 13th People's Administration has vitality and dynamism in the scene, adding high motivation, high-calorie spirit and continuous effort and jihad are inseparable features of the pillars of the administration, and we have made progress on the path of justice and progress and all-round economic development.

The official also touched on the operation of gas supply projects in the government week: “Today we are witnessing the operation of gas transmission pipelines and gas supply to 16 cities and 1,091 villages and as many as 1,959 industries in the region with a credit of Rls.103,000 billion.”

The deputy minister of petroleum for gas affairs pointed to the projects whose implementation operations will start during the government week, and said: “In this ceremony, the implementation operations of gas supply to 9 cities and 928 villages and more than 2,000 industries will also begin with a credit of more than Rls. 53 billion rials.”

Chegni added: “As you know, more than 75% of the country's energy mix with 30 million subscribers, including domestic, commercial, industrial and agricultural, is dependent on natural gas, and it is not an exaggeration to say that the gas industry is the beating heart of the country's economy.”

News Code 461229

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