Tag Archives: National Iranian Gas Co. (NIGC)

There were plans to develop LNG production projects in place in the early 2000s.

Iraq and Turkey remain to be main importers of Iranian natural gas and Tehran is eying to increase its gas exports to its western neighbors.

Iraq is Iran'.s southwestern neighbor. and its port city of Basra is located in southeast of the country at northern edge of the Persian Gulf.

Iran'.s gas production capacity has reached 885 million cubic meters per day.

The amount forms 8 percent of the world reserves. and 50 percent of the gas reserves in Iran.

The field is divided into 24 standard phases of development in the first stage. Most of the phases are fully operational at the moment.

'.The mission of IGU is to advocate gas as an integral part of a sustainable global energy system. and to promote the political. technical and economic progress of the gas industry.

Iran is developing the mega gas project in 24 phases. of which 19 have already gone on stream.

Iran (34 trillion cubic meters) and Russia (32.6 tcm) hold the largest proven gas reserves.

Over the past few years. Iran had been pursuing exporting natural gas to Kuwait. Oman and Iraq.