Iran: Daily Gas Output to Hit 1.47 Billion Cubic Meters

Iran’s natural gas output will reach to 1.47 billion cubic meters per day by the end of the Fifth Five-Year Development Plan (2010-2015), Iranian Oil Minister, Rostam Qasemi announced.

He went on to say that, the current gas output is 630-650 million cubic meters per day and is projected to reach 1.47 billion cubic meters by 2015, IRNA reported.

Iran will try to boost gas production capacity from its joint fields with Qatar and Saudi Arabia, he told in a meeting of the Tehran Chamber of Commerce and Industry on Tuesday.

[mappress]

Source: NIGC, November 9, 2011