Iran Plans to Cut Import Dependency

National Iranian Gas Company’s Managing Director Javad Owji was quoted as saying that Iran is planning to launch a new pipeline to reduce dependency on gas imports from Turkmenistan and boost supplies to its northern provinces.

The 160-kilometer intended pipeline is expected to supply gas from Semnan province to Mazandaran province, adjacent to the Caspian Sea. The project to be completed in two years is estimated to cost 3.5 trillion rials ($286 million).

Iran imports nearly 18 million cubic meters of gas per day from Turkmenistan, and it goes up to 30 million cubic meters of gas per day in winter. According to Owji statements, imports from Turkmenistan have decreased by 52 % in the first half of the present Iranian year compared to last year.

Last year, Iran consumed 153.3 billion cubic meters of gas while producing 151.8 billion cubic meters. It exports some 8.4 billion cubic meters of gas to Turkey annually and 400,000 cubic meters of its gas to Armenia for electricity. On the other hand, the country has a swap arrangement with Azerbaijan that accounts for one million m³ gas per day.

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