Gas Projects Cost $17b in 7 Years

The National Iranian Gas Company says it has invested $17 billion in natural gas infrastructure over the past seven years.
“The big part [of the money] went for completing the South Pars Gas Field phases and the Iran Gas Trunkline (IGAT) to expedite gas delivery to remote rural areas, power plants and industries,” the company head, Hassan Montazer-Torbati, was quoted as saying by IRNA.
He said construction of IGAT 6 and 9, expanding the gas network to small towns and villages in faraway areas in the southern regions and construction of gas supply pipelines and compressor stations were among the priorities.
“Eight phases of SP Pars Gas Field in the Persian Gulf came on stream in the past seven years.” Phases 13, 14, 15, 16, 19 and 22-24 have become operational since 2013.