News ID: 153806
Published: 0725 GMT June 24, 2016

Iran doubles Turkmen gas imports in 2015

Iran doubles Turkmen gas imports in 2015

Iran has raised its imports of gas from Turkmenistan by 104 percent to over 9 billion cubic meters (bcm) in 2015 year-to-year, said OPEC in its Annual Statistical Bulletin.

Iran's gas import from Turkmenistan was 4.422 bcm in 2014, Trend News Agency reported.

Tehran produced 257.623 bcm of raw gas in 2015 — about five percent more than the previous year — of which about 226.673 bcm was commercial gas and the rest was re-injected to oilfields to maintain crude oil production.

Iran's commercial gas production increased 6.5 percent, while re-injections decreased 2.5 percent in 2015, year-to-year.

The country's proven gas reserves also stood at 35.5 trillion cubic meters.

Iran's gas exports increased 2.2 percent to 8.541 bcm last year, the report further said. Its natural (sweet) gas demands stood at 184.9 bcm last year, which indicates 5.9 percent growth year-to-year.

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