History
Tuesday, Aug 01, 2017
Moving towards daily production of 1.2 BCM of natural gas and penetration into new target markets


It is the policy of the NIGC to enhance Iran's current share in the total global gas trade to reach 8-10 percent. At present, processing and dehydration capacity of the Iran's gas processing plants is about 756 MCM per day; however, based on the Sixth Development Plan it is to reach 1200 MCM per day within the first years of the plan. At present, Iran's share in gas trade including export, import, swap, transit, and bartering gas for electricity is around 2 percent. However, Iran's share in natural gas global trade is to reach 10% by 2025. Currently, the NIGC supplies more than 70 percent of the country’s energy needs. The objective is having access to 1200 MCM per day of gas production, 70 thousand km of high pressure pipelines and achieving 8 to 10 percent of gas global trade in the next 15 years. In line with the implementation of Article 44 of the Iranian Constitution, one of the priorities of the NIGC is privatization of the some sections of the value chain. On this basis, it is supposed to increase the share of private sector in all the logistics, technical, maintenance and procurement services, power generators, pipelines and access roads. NIGC, relying on abilities of Iranian companies in engineering, procurement, manufacturing and construction of pipeline and compressor stations projects, will materialize its strategies in development of natural gas infrastructures to enhance gas supply to both domestic and foreign destinations and diversify gas trade options. 
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