IRAN TO SUPPLY 10 PERCENT OF GAS MARKET IN NEXT 20 YEARS

IRNA
Feb 20
Ahvaz

Iran-Gas-Export

Managing director of Iran’s National Gas Company said on Wednesday
that Iran will become supplier of 10 percent of the world gas market
in the next 20 years, compared with the current figure which stands
at one percent.

Talking to reporters, Reza Kasaeizadeh said that Iran currently
exports gas to Armenia and Turkey thanks to the achievements of the
Islamic Revolution.

He said that Iran’s gas export will increase when the South Pars 17,
18 and 19 phases are developed by 2013.

"Iran is producing 85 percent of heavy compressors and 45 percent of
all turbines and is now self-sufficient," he added.

Kasaeizade said that 76 percent of Iranians now enjoy the gas for
household utility adding that no village had an access to tapped gas
before Islamic Revolution.

He said that the US sanction on Iran is an opportunity for the domestic
companies to develop and also use domestic potentials.

In addition, the level of natural gas production is now 447 million
cubic meters compared with 36 million cubic meters in 1979, he added.

Despite having rich gas reserves after Russia in the region, Iranians
must not follow extravagance in gas consumption pattern, asserted
Kasaeizade.

He added that rls 32,000 billion has been spent on refining,
transporting and distributing the gas over the past 10 months of the
current Iranian year.