Iran intends to build gas storage facility near Caspian Sea
A new gas storage facility needs to be built in country's
northern provinces (near the Caspian Sea), since there are
difficulties with supplying gas there, CEO of Iran's Natural Gas
Storage Company Masud Samivend said, IRNA news agency reported.
Samivend made the remarks during the meeting with a group of
experts from Amir Kabir University in Tehran.
He said that a source of reliable gas supply is needed to be built
in the Iran's northern Golestan province, and currently this issue
is being discussed.
National Iranian Gas Company intends to build underground natural
gas reservoirs which could storage some 14 billion cubic meters of
gas.
Samivend noted that while there is a gas field there in Gholestan
province, its too small for bringing any significant revenue, and
it is not enough to supply all the northern provinces with it.
Back in 2009, Azerbaijan's state oil company SOCAR and Iran agreed
that Azerbaijan would begin exporting 500 million cubic meters of
natural gas a year via the Astara gas pipeline. Azerbaijan was set
to deliver its gas to Iran's northeastern provinces.
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