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Iran sees gas exports increase by 88% over seven years: NIGC
Seven years ago, South Pars' production level for Iran stood at 270 mcm per day, but extraction has risen thanks to several fields and the Persian Gulf Star Refinery opening.
Gas exports from Iran have increased by 88% over the past seven years according to Hassan Montazer Torbati, CEO of the National Iranian Gas Company (NIGC), SHANA reported on September 10.
Iran has focused on boosting its exports of natural gas from several fields including the expansive South Pars gas field in the Persian Gulf.
“In recent years, the country has earned $10bn from the export of diesel fuel, liquefied petroleum gas [LPG] and heating oil, and this progress continues,” he was quoted as saying
According to Torbati, gas is exported to Turkey, Iraq, Azerbaijan and Armenia. He also said the development of South Pars and the start of gas exports to Iraq had led to an increase in gas exports by more than 88% compared to 2013.
The volume of gas supplied to Turkey in the contract, he specified, is 30mn cubic metres. "According to the contract, the export of gas to Iraq is 55 mcm," said the director-general.
His comment was previously aired by that of South Pars' managing director, who also confirmed a large increase in gas exports to regional neighbours and beyond but said the country had seen an 87% increase since 2013.
The average volume of gas exports in summer is 75 mcm per day, Torbati explained.
9.2.2 Automotive corporate news
Iranian automaker SAIPA produces localised version of Renault Dacia Logan
Iran’s SAIPA is set to begin mass production of a localised version of the Renault Dacia Logan. Two years ago Renault exited the Islamic Republic under pressure from US sanctions.
Renault, which owns the Dacia brand that it developed with its Romanian subsidiary Dacia, will not participate in the production of the car as SAIPA has localised the production of 85% of the vehicle components, the Iranian automaker said.
The French carmaker stopped making its models of the Logan, which used to be sold in Iran as the Renault L90, Renault Tondar 90 and Renault Pars Tondar, two years ago.
“When Renault left Iran with the start of the sanctions we at SAIPA embarked on a plan to produce the L90 within 18 months using facilities created in the country including for engine and transmission and a series of imported parts,” SAIPA CEO Javad Soleimani was quoted by IRIB News as saying.
The executive added that the localised version of the Logan would be built to “higher standards” compared to previous models made under Renault’s supervision.
“SAIPA’s P90 is not just an L90 facelift, it is an upgraded car in appearance and interior that has significant differences,” stated a press release from SAIPA released on November 15.
9.2.3 Aviation corporate news
Iran’s Qeshm Island Free Trade Zone Organisation plans Turkey, Afghanistan
Iran’s Qeshm Island Free Trade Zone Organisation (QFZO) is planning direct flights to Turkish commercial capital Istanbul and Kabul and Herat in Afghanistan, IRNA reported on November 17.
According to Morteza Sheikhzadeh, deputy director of QFZO, more than
55 IRAN Country Report December 2020 www.intellinews.com
