Iran Invests $1.5 B in the National Gas Grid.

Iran Invests $1.5 B in the National Gas Grid.

Bijan Zangeneh, Iran’s Oil Ministry, is investing around $1.5 billion on the completion of the national gas grid in remote regions bordering Pakistan, according to Press Tv. 

 

The government has expressed its interest in the development of Sistan and Baluchestan province over the past years. Accordingly, the National Iranian Gas Company (NIG) stated on December 22 that it has been working in creating a linkage between the southeastern province of Sistan and Baluchestan to the national gas network.
Additionally, the NIG Head has recently declared that a significant progress has been made in that project.

 

Hassan Torbati, Managing Director at NIG, remarked that over 76% of the gas network is completed in the provincial capital of Zahedan, where some 31,000 households had now access to the utility service.

Torbati added that expanding the gas pipeline network in the sprawling province has become the flagship project of Iran’s natural gas sector, noting that a total of 310 factories and industrial units across the province are projected to be linked to the gas network.

It is worth noting that finalizing the gas grid in the province is expected to boost businesses in the port of Chabahar, Iran’s largest Ocean port which is being developed through a partnership with India. It is also anticipated that linking Chabahar to the national grid would pave the way for massive development in petrochemical industries on the Sea of Oman.

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password