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Gas Production to Reach 330 bcm

Gas Production to Reach 330 bcm Gas Production to Reach 330 bcm

National Iranian Gas Company’s annual gas output will increase by at least 22% by 2021, head of the state-run NIGC said.
“Total natural gas production amounted to 270 billion cubic meters in 2019 and is projected to reach 330 bcm in fiscal 2021,” Hassan Montazer-Torbati, was quoted as saying by ILNA.
Referring to ongoing operations in the giant South Pars Gas field, he said that phases 13 and 14 hook up operations, delayed due to problems created by the coronavirus, are being completed gradually and once operational, the two phases will add 30 million cubic meters of gas per day to gas output capacity.
Moreover, phases 22-24 will be fully operational by March 2021 and produce 30 mcm of gas.

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