Iran gas production, exports rise

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News code : ۷۷۰۸۶۳

Gas exports rose by 622 million cubic meters in fiscal 2018-2019 compared to the corresponding period last year.

According to financial tribune report, data released by the National Iranian Gas Company news portal shows 38.6 mcm of gas was exported to neighboring states on a daily basis.

NIGC said of this volume 22 mcm was bought by Turkey.

Iraq, Azerbaijan, Armenia and Nakhchivan Autonomous Republic accounted for 13 mcm, 1.5 mcm, 1.4 mcm and 700,000 cubic meters respectively.

The state gas company said close to 14 billion cubic meters of natural gas was sold in 2018 -- up 5% compared to the year ago.

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