News ID: 279019
Published: 0323 GMT January 03, 2021

Iran’s gas storage capacity to hit 6.5 bcm by 2023: CEO

Iran’s gas storage capacity to hit 6.5 bcm by 2023: CEO

Iran’s gas storage capacity will reach 6.5 billion cubic meters (bcm) by the Iranian calendar year which will start in March 2023, announced the managing director of Iranian Gas Engineering and Development Company (IGEDC).

Bahram Salavati put the country’s current gas storage capacity at 3.2 bcm, and expressed hope that through the implementation of projects that are underway, the figure will reach 6.5 bcm by 2023, Shana reported.

Iran has two major natural gas storage facilities in Sarajeh and Shourijeh, in central and northeastern Iran, respectively, in which every year the National Iranian Gas Company (NIGC) stores the gas received from gas refineries across the country to be used in the colder months of the year.

The country’s gas production facilities are mostly located in the south and along the Persian Gulf while a massive network of pipelines transfer the clean-burning fuel to areas across the country.

Following the development of the South Pars Gas Field and the increase in the country’s gas production capacity, the construction and development of the country’s natural gas storage facilities has become a top priority.

As the world’s top gas producer, Iran is planning to expand its underground natural gas storage capacity to ensure that enough natural gas is available during peak demand periods to avoid electricity supply shortfalls in the future.


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