The country`s refineries produced close to 214 billion cubic meters of natural gas in the fiscal 2017-18. the National Iranian Gas Company`s production manager said.
`The output indicates a hike of 9.3% compared with the corresponding period of 2016.` Gholamreza Bahman-Nia also told Shana.
According to the official. the production of byproducts. namely gas condensates. ethane and sulfur. have also risen by 11%. 23% and 7.3% respectively in the period.
`As new South Pars phases. namely 13. 14 and 22-24. go on stream gradually. more fuel will be injected into Iran Gas Trunkline to be used either domestically or exported to foreign markets.` he said. noting that the ongoing venture will also raise the country`s export share of gas derivatives in international markets.
Commenting on plans to increase gas output for industrial purposes. Bahman-Nia noted that boosting capacity to sweeten the fuel in gas plants is a top priority of the Oil Ministry. as not only can it help curb air pollution. but it will also raise the country`s export of oil derivatives like mazut and diesel as power stations no longer rely on them as feedstock.
`Providing manufacturing sector with stable. clean and inexpensive energy will help it take major steps to improve the quality and quantity of their products. which benefits the whole economy.` he added.