He said Iranian natural gas will be sold 10 per cent higher on the average next year.
He added that his company plans to raise share of gas in the energy basket by about 85 per cent by end of the Fourth Five-Year Economic Development Plan (2005-10).
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Iran Gets Aggressive in Gas
According to the Director of Gas Supply at the National Iranian Gas Company...
According to the Director of Gas Supply at the National Iranian Gas Company (NIGC), Iran will turn into a major centre of natural gas distribution in the Middle East in coming years.
Mr. Hamid Reza Araqi said that diversification of markets for Iranian gas, covering a number of countries, including Pakistan, Iraq and Turkey, will be top on the NIGC agenda. Turning to Turkey, Araqi said nine billion cubic meters of natural gas have been exported to Turkey per day this year at a cost of nine to 10 cents per cubic meter on average.
He said Iranian natural gas will be sold 10 per cent higher on the average next year.
He added that his company plans to raise share of gas in the energy basket by about 85 per cent by end of the Fourth Five-Year Economic Development Plan (2005-10).
Araqi also touched on projects for establishment of new refineries in Ilam, Parsian and Masjed Soleyman southwest Iran to boost national gas production capacity. He said studies are under way to set up several more refineries.
He said Iranian natural gas will be sold 10 per cent higher on the average next year.
He added that his company plans to raise share of gas in the energy basket by about 85 per cent by end of the Fourth Five-Year Economic Development Plan (2005-10).
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