3 Major Iranian Oil, Gas Projects to be Launched

3 Major Iranian Oil, Gas Projects to be Launched

Three major oil, gas, and petrochemical projects will be inaugurated in Iran on July 24 after the US failed to activate a sanctions trigger mechanism, according to Mehr News.

The projects that will become operational are the 9th and 6th national gas pipe transmission lines and also five gas-pressure boosting stations from Assaluyeh to Miandoab. It is reported that the inauguration of this giant gas project will increase the country’s gas transmission capacity by 110 million cubic meters per day (mcm/d).

Despite imposed sanctions against the Iranian oil industry, it has not seemed to have any impact on the implementation of plans, with Mehr claiming that Iran has improved its project realization timeframe.

 Iran currently exports gas to Iraq, Turkey, Armenia, and Azerbaijan. The inauguration of these projects will pave the way for increased export of gas to the aforementioned countries.


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