07 November 2010
Deputy oil minister Javad Oji said on Friday with the launch of northern and northeastern gas pipeline in the country on Thursday, Iran does not need to import gas from Turkmenistan any longer.
"At present, injection of natural gas to Mayamei pipeline up to Hasheminejad Refinery has started. With the launch of the pipelines, Iran's capacity for transport of gas increases by 60 million cubic meters.
This pipeline stretches for 500 km and with its inauguration the stability of gas network in five provinces of the country increases," added Oji, who was talking to Mehr News Agency.
He recalled that the pipeline project cost over 5,500 billion rials (some $531.5 million).
"By utilizing this pipeline, the system for distributing and transporting gas is completely enhanced in the provinces of Northern Khorasan, Semnan, Khorasan Razavi, Mazandaran and Southern Khorasan."
He recalled that with the pipeline going on stream it is possible to directly transport gas from South Pars to eastern and northeastern provinces.
Gas Imports
Oji also referred to the launch of the gas pipeline from Hasheminejad Refinery to Sangbast region in Khorasan.
"By launching this project as the second phase of the new Iran-Turkmenistan gas pipeline, it is possible to increase volume of gas imports from the northern neighbor. It is likely that this pipeline will be inaugurated within the next few days at the presence of presidents of Iran and Turkmenistan. Before this project becoming operational, some 25 million cubic meters of gas was imported from Turkmenistan everyday. Through the launch of this pipeline, volume of exports of gas from Turkmenistan increases to 40 million cubic meters per day.
However, with the launch of the northern and northeastern pipelines and the possibility to transport gas to northern areas from southern gas fields of the country, Iran has completely become needless of importing gas from Turkmenistan."
Global Trade
He recalled that the target behind importing gas from Turkmenistan is to increase Iran's share in the global gas trade.
"It is even possible to export or transit Turkmenistan's gas to Europe and other interested countries." The official said last summer, Iranian and Turkmen gas officials agreed on a new formula for importing gas.
"It is expected that this formula is revised every three years. Based on the new agreement, the volume of the country's gas exports from Turkmenistan will increase by six billion cubic meters per year and hit 14 billion cubic meters per year," he noted.
Since July 2009, the new price for gas has been determined on the basis of a formula dependant on prices of products such as diesel as well as low and high sulfur furnace oil.
Transit Gate
Iran holds the world's third-largest proven oil reserves and the world's second-largest natural gas reserves.
Iranian Ambassador to Ukraine Akbar Qasemi said the Islamic Republic is the golden gate through which oil and gas can be transited to Asian and European countries.
The Iranian official made the remarks during the 14th International Trade Fair of oil and gas industry in the Ukrainian capital Kiev, attended by managing directors and CEO's of oil and gas companies from over 21 countries across the globe, including Germany, Switzerland, Poland, China, Czech Republic, Scotland and Russia, ISNA reported on Wednesday.
Regarding Iran's high potential in the areas of production and export of oil and gas, Qasemi said that "according to latest figures by the world's most accredited energy organizations, only those countries with high capabilities in terms of construction and utilization of oil and gas fields could be able to play a pivotal role in the energy sector, and thus change the supply and demand curves in the markets across the globe."
The remarks came as the TIME magazine had in late October reported that Europe's imports of Iranian crude oil has doubled the volume in 2008.
Despite US efforts to hamstring Iran's energy sector, the Managing director of the Iranian Central Oilfields Company (ICOFC) had also previously said that the company will produce 325 million cubic meters of gas per day in the upcoming winter.
Elsewhere in his remarks, the Iranian Ambassador went on to say that Iran's natural gas reserves amount to an estimated 29 trillion cubic meters, accounting for 17 percent of the world's entire gas reserves alone.
Emphasizing on Iran's will to further enhance its deals in the oil and gas sectors with some European countries, Qasemi said that oil and gas export contracts with Turkey and Armenia have entered the operational phase.
Iran holds the world's third-largest proven oil reserves and the world's second-largest natural gas reserves.
Iran is OPEC's second-largest producer and exporter after Saudi Arabia and in 2008 was the fourth-largest exporter of crude oil globally after Saudi Arabia, Russia, and the United Arab Emirates.
Deputy oil minister Javad Oji said on Friday with the launch of northern and northeastern gas pipeline in the country on Thursday, Iran does not need to import gas from Turkmenistan any longer.
"At present, injection of natural gas to Mayamei pipeline up to Hasheminejad Refinery has started. With the launch of the pipelines, Iran's capacity for transport of gas increases by 60 million cubic meters.
This pipeline stretches for 500 km and with its inauguration the stability of gas network in five provinces of the country increases," added Oji, who was talking to Mehr News Agency.
He recalled that the pipeline project cost over 5,500 billion rials (some $531.5 million).
"By utilizing this pipeline, the system for distributing and transporting gas is completely enhanced in the provinces of Northern Khorasan, Semnan, Khorasan Razavi, Mazandaran and Southern Khorasan."
He recalled that with the pipeline going on stream it is possible to directly transport gas from South Pars to eastern and northeastern provinces.
Gas Imports
Oji also referred to the launch of the gas pipeline from Hasheminejad Refinery to Sangbast region in Khorasan.
"By launching this project as the second phase of the new Iran-Turkmenistan gas pipeline, it is possible to increase volume of gas imports from the northern neighbor. It is likely that this pipeline will be inaugurated within the next few days at the presence of presidents of Iran and Turkmenistan. Before this project becoming operational, some 25 million cubic meters of gas was imported from Turkmenistan everyday. Through the launch of this pipeline, volume of exports of gas from Turkmenistan increases to 40 million cubic meters per day.
However, with the launch of the northern and northeastern pipelines and the possibility to transport gas to northern areas from southern gas fields of the country, Iran has completely become needless of importing gas from Turkmenistan."
Global Trade
He recalled that the target behind importing gas from Turkmenistan is to increase Iran's share in the global gas trade.
"It is even possible to export or transit Turkmenistan's gas to Europe and other interested countries." The official said last summer, Iranian and Turkmen gas officials agreed on a new formula for importing gas.
"It is expected that this formula is revised every three years. Based on the new agreement, the volume of the country's gas exports from Turkmenistan will increase by six billion cubic meters per year and hit 14 billion cubic meters per year," he noted.
Since July 2009, the new price for gas has been determined on the basis of a formula dependant on prices of products such as diesel as well as low and high sulfur furnace oil.
Transit Gate
Iran holds the world's third-largest proven oil reserves and the world's second-largest natural gas reserves.
Iranian Ambassador to Ukraine Akbar Qasemi said the Islamic Republic is the golden gate through which oil and gas can be transited to Asian and European countries.
The Iranian official made the remarks during the 14th International Trade Fair of oil and gas industry in the Ukrainian capital Kiev, attended by managing directors and CEO's of oil and gas companies from over 21 countries across the globe, including Germany, Switzerland, Poland, China, Czech Republic, Scotland and Russia, ISNA reported on Wednesday.
Regarding Iran's high potential in the areas of production and export of oil and gas, Qasemi said that "according to latest figures by the world's most accredited energy organizations, only those countries with high capabilities in terms of construction and utilization of oil and gas fields could be able to play a pivotal role in the energy sector, and thus change the supply and demand curves in the markets across the globe."
The remarks came as the TIME magazine had in late October reported that Europe's imports of Iranian crude oil has doubled the volume in 2008.
Despite US efforts to hamstring Iran's energy sector, the Managing director of the Iranian Central Oilfields Company (ICOFC) had also previously said that the company will produce 325 million cubic meters of gas per day in the upcoming winter.
Elsewhere in his remarks, the Iranian Ambassador went on to say that Iran's natural gas reserves amount to an estimated 29 trillion cubic meters, accounting for 17 percent of the world's entire gas reserves alone.
Emphasizing on Iran's will to further enhance its deals in the oil and gas sectors with some European countries, Qasemi said that oil and gas export contracts with Turkey and Armenia have entered the operational phase.
Iran holds the world's third-largest proven oil reserves and the world's second-largest natural gas reserves.
Iran is OPEC's second-largest producer and exporter after Saudi Arabia and in 2008 was the fourth-largest exporter of crude oil globally after Saudi Arabia, Russia, and the United Arab Emirates.
© Iran Daily 2010
