Aug 22, 2017, 4:44 PM
News Code: 82640125
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Iran daily gas export hits 42mn cubic meters

Tehran, Aug 22, IRNA – Iran's gas export to Iraq has exceeded 42 million cubic meters a day, a senior Iranian official said on Tuesday.

'Signing the gas export agreement with Iraq was considered one of the strategic plans of the 11th Iranian government,' Deputy Iran's Minister of Petroleum said.

To implement the agreement, Iran had long completed its own portion and was waiting for Iraq's partion to open the gas valves, he added, noting that the Iraqi partion was completed a while ago.

Exports to the neighboring countries would continue according to the agreement and the amount of export and the target markets would be increased gradually, he said.

Iran's gas export capacity by the end of the sixth development plan would reach 80 billion cubic meters each year, 50 billion of which would be exported to the neighboring countries.

Turkey by importing over 30 million cubic meters of gas a day is currently Iran's biggest customer.

It is expected that Iraq, after launching the second pipeline, would buy 40 million cubic meters of gas from Iran and becomes the country's biggest customer.