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Showing posts from August 16, 2015

Iran sees high gas output, increase in usage growth

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Dalga Khatinoglu, exclusively written for Natural Gas Europe . While Iran is preparing to boost its raw gas production capacity from the current 700 million cubic meters per day (mcm/d) to 1,100 mcm/d by 2018, the country's plans indicate a new wave of gas consumption growth in coming years, a fact that casts a shadow on its export might.  During recent weeks Iranian officials announced a $4.8 billion fund for gasification of more than 3 million households as well as $1.2 billion budget to connect 19,000 industrial units to national gas network by 2018. Currently, over 19 million households and 73,000 industrial units reach natural gas fuel. Regarding the fact that Iran's total refined gas consumption stands at 174 billion cubic meters (bcm) while housing and industrial sectors consumed 91 bcm/d and 34 bcm during the last year, then these sectors share more than 70 percent of Iran's total refined gas consumption.   As a result, increasing gasified households