May 27, 2018 18:24

Iran Natural Gas Exports Exceed 13 Billion Cubic Meters

Iran’s natural gas export via pipelines to neighboring states, namely Iraq, Turkey, Armenia and Azerbaijan’s autonomous republic of Nakhchivan, has reached 43 million cubic meters per day

The steady gas supply to neighboring states has caused international markets to trust Iran.

Natural gas exports experienced a 60% hike during the fiscal 2017-18 compared with the corresponding period of the previous year, the National Iranian Gas Company's director for international affairs said on Sunday.

"NIGC transferred 13.8 billion cubic meters of gas to target destinations last year and plans are underway to raise the level in the coming years," Behzad Babazadeh was also quoted as saying by Shana, the National Iranian Oil Company's news agency.

According to the official, the country is expected to account for 10% of the global gas export share by 2025,

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