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'Iran will become a regional gas hub'
Iran's deputy oil minister says that with the implementation of the second Iran-Turkmenistan gas transport pipeline, the country can become a regional gas hub.


Javad Oji said on Friday that once the second nationwide north and northeastern gas transport pipelines and the second Iran-Turkmenistan gas transport pipeline come on stream, Iran's gas network can be connected to six neighboring countries -- Iraq, Turkey, Pakistan, Turkmenistan, Armenia, and the Republic of Azerbaijan -- as well as Persian Gulf littoral states, the Mehr news agency reported.


“Iran will soon become the regional gas hub,” he stated.


Oji, who is also the managing director of the National Iranian Gas Company, stated that Iran is now ready to transit and swap gas with Turkmenistan, the Republic of Azerbaijan, and other neighboring countries.


He went on to say that the Islamic Republic has recently obtained permits from Iraq and Turkey for the transport of gas.


He said that the transit and transport of gas via Iran is economically feasible for all consumers and producers of this energy carrier.


Oji added that the presidents of both countries will attend the inauguration ceremony of the second nationwide north and northeastern gas transport pipelines and the second Iran-Turkmenistan gas transport pipeline in the near future.


“The second phase of the nationwide north and northeastern pipeline extends from Miyami to Sang Bast and it is 380 kilometers long with a diameter of 48 inches. This pipeline can transport 58 million cubic meters of gas per day, he noted, adding, “The second phase of the second Iran-Turkmenistan pipeline is 120 kilometers long and runs from Shahid Hasheminejad Refinery to Sang Bast and has a diameter of 48 inches.”


When the pipeline comes on stream, the capacity for the transport of Iranian natural gas will increase by about 45 million cubic meters per day, he stated.


Oji also noted that $1.2 billion has been invested in the north and northeastern gas pipeline projects.

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