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The state-run National Iranian Gas Company is determined to expand its presence in the world market and advance Iran`s gas exports. the managing director of NIGC said on Tuesday.
Outlining his company`s plans for the current fiscal that started on March 21. Hamidreza Araqi added that `meeting [domestic] gas demand and revising the current structures are also high on NIGC`s agenda`. Shana reported.
The official said gas export to the Iraqi city of Basra is set to commence soon.
According to Araqi. Iran`s gas export to Iraq is set to reach 50 mcm d this year. 25 mcm d to each of the two cities.
`If the goal is achieved. Iraq will become the biggest importer of Iranian gas by overtaking Turkey.` he said.
Iran is currently exporting gas to Baghdad from Naftshahr in Kermanshah Province through a pipeline diverging from the Sixth Iran Gas Trunkline (IGAT-6).
IGAT-6 is a major component of the national gas grid that. according to Araqi. will have the capacity to transfer 110 million cubic meters of gas per day from South Pars Gas Field in the Persian Gulf to southern and western regions.
About 12 mcm d of gas per day are currently supplied to Baghdad. making Iraq the second largest gas customer of Iran after Turkey which. according to NIGC`s head. `currently imports 30 million cubic meters of natural gas from Iran`.
Basra. Iraq`s second largest city. also needs Iranian gas to feed its power plant as part of efforts to reduce outages that have turned into a persistent source of public discontent and the export will commence soon.
