ID :
178312
Wed, 04/27/2011 - 13:59
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Shortlink :
https://www.oananews.org//node/178312
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Iran Boosts Gas Production
TEHRAN,April 27 (FNA)- Iranian refineries increased their gas production by 5% in the last Iranian year (ending March 20), a senior gas official announced on Wednesday.
"We managed to increase gas production by about 5% last year compared with the previous year," Manager of the National Iranian Gas Company (NIGC) for Coordination and Supervision of Production Mehdi Jamshidi Dana said, visiting Iran's giant South Pars gas complex.
He mentioned that the refineries in Iran refined over 6bln cubic meters of natural gas last year.
He also referred to the important position of the South Pars gas complex in boosting the country's gas production, and said the complex supplies more than 40% of Iran's gas consumption needs.
The South Pars gas field is jointly owned by Iran and Qatar. The Iranian share of the field has reserves of about 14 trillion cubic meters (46.2 trillion cubic feet) of gas, which accounts for about eight percent of total world reserves.
In June, four huge Iranian oil and gas firms signed contracts on developing the remaining phases of the giant South Pars gas field, including phases 13, 14, 19, 22, 23 and 24.
The Industrial Development and Renovation Organization of Iran (IDRO) and Petropars, Iranian Petro Paidar and Petrosina companies are due to execute the project for the development of phases 13, 14, 19, 22, 23, and 24 of the South Pars Special Energy Zone (SPSEZ).
Iran is under four rounds of UN Security Council sanctions for turning down West's calls to give up its right of uranium enrichment, saying the demand is politically tainted and illogical.
Iranian officials have dismissed US sanctions as inefficient, saying that they are finding Asian partners instead. Several Chinese and other Asian firms are negotiating or signing up to oil and gas deals with Iran.
Iran has also repeatedly said that western sanctions have caused a growth in the country's domestic capabilities as they have forced Tehran to rely on local experts and companies.
"We managed to increase gas production by about 5% last year compared with the previous year," Manager of the National Iranian Gas Company (NIGC) for Coordination and Supervision of Production Mehdi Jamshidi Dana said, visiting Iran's giant South Pars gas complex.
He mentioned that the refineries in Iran refined over 6bln cubic meters of natural gas last year.
He also referred to the important position of the South Pars gas complex in boosting the country's gas production, and said the complex supplies more than 40% of Iran's gas consumption needs.
The South Pars gas field is jointly owned by Iran and Qatar. The Iranian share of the field has reserves of about 14 trillion cubic meters (46.2 trillion cubic feet) of gas, which accounts for about eight percent of total world reserves.
In June, four huge Iranian oil and gas firms signed contracts on developing the remaining phases of the giant South Pars gas field, including phases 13, 14, 19, 22, 23 and 24.
The Industrial Development and Renovation Organization of Iran (IDRO) and Petropars, Iranian Petro Paidar and Petrosina companies are due to execute the project for the development of phases 13, 14, 19, 22, 23, and 24 of the South Pars Special Energy Zone (SPSEZ).
Iran is under four rounds of UN Security Council sanctions for turning down West's calls to give up its right of uranium enrichment, saying the demand is politically tainted and illogical.
Iranian officials have dismissed US sanctions as inefficient, saying that they are finding Asian partners instead. Several Chinese and other Asian firms are negotiating or signing up to oil and gas deals with Iran.
Iran has also repeatedly said that western sanctions have caused a growth in the country's domestic capabilities as they have forced Tehran to rely on local experts and companies.
