Iran to up gas output by 140 mcm/d by March 2017
.jpg)
Iran's President Hassan Rouhani has voiced plans to boost the
country’s gas output by 140 million cubic meters per day (mcm/d) by
the end of the current Iranian year (to end March 20).
Addressing a conference on the 50th anniversary of the
establishment of National Iranian Gas Company (NIGC) in Tehran, he
underscored the need for developing Iran’s joint oil and gas fields
with the neighboring countries, Trend's correspondent reported from
the event.
Speaking about measures taken to develop South Pars gas field
(joint with Qatar) over the past three years, he called for
completing all phases of the giant gas field.
He expressed hope that with completing the development projects of
the phases 18-21 in the South Pars gas field over the current
Iranian year (to end March 21), the country’s gas output will
increase by 140 million cubic meters per day.
Saying that the South Pars gas field provides 50 percent of the
country’s gas requirements, he urged for further development of the
gas field as it is a joint field with Iran’s southern neighboring
country of Qatar and the Arab country continues to produce more gas
at the field.
The president noted that the joint oil and gas fields are of high
importance for the country and Iran should be equipped with the
modern technologies in order to be capable of getting the most of
the gas resources.
He also called for getting proper use of technologies for
protecting the country's oil and gas resources
Rouhani further spoke about the achievements of the implementation
of the joint comprehensive plan of action (JCPOA/ nuclear) saying
as a result of the JCPOA the country’s oil and condensate exports
reached about 2.5 million barrels per day.
On Jan.16, 2016, Iran implemented a deal with the P5+1 group
regarding its nuclear program.
Saying that the implementation of the JCPOA has brought the country
chances to get best use of modern technologies in developing its
oil and gas industry as well as protecting its resources, Rouhani
added that it is impossible to stand against the world’s major
powers by the mean of nonsense slogans.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!