Tag Archives: Gas Supply

Iran has 33.5 trillion cubic meters of proven gas reserves - the second largest in the world after Russia.

Almost 70% of Iran’s petrochemical machinery is manufactured by Linde and Siemens.

The pilot production was carried out in the Shenhu Area of Northern South China Sea.

This is one of six natural gas supply agreements worth a combined $5 billion.

Iran and Turkmenistan signed a gas contract in 1997 for a period of 25 years.

The NIOC has increased exports to European customers to 700.000 barrels per day.

The daily revenue in the current year hit 22.5 million dollars.

Iran wants to increase daily gas output to a total of 1.2 billion cubic meters by 2021 from around 800 million cubic meters.

Supply of gas to the southern province will save $660 million annually by replacing liquefied fuels with gas.

The gas-fired Chabahar power plant is the first power station in Iran to receive CNG for electricity production.