TEHRAN: Latest statistics indicates a huge increase in Iran’s liquid fuels exports thanks to the gas output rise. Iran produced 178.1 billion cubic meters (bcm) of sweet gas during the last fiscal year (FY), ended on March 21, while the raw gas production capacity stands at 700 million cubic meters per day (mcm/d), which makes 255 bcm yearly.
The sweet gas output rose 6 percent during the mentioned period year-to-year. The country annually uses about 47 bcm of raw gas in the CNG and petrochemical plants, and in re-injection to oil fields. Iran’s flare gas stands at around 11 bcm per year. Iran saw a huge increase in the exports of liquid fuels over the past year, Esmail Hasham Firouz, director for imports and exports at the National Iranian Oil Refining and Distribution Company (NIORDC), told Mehr news agency on May 9.
Meanwhile, Hassan Aghayan, the NIORDC deputy managing director, told SHANA news agency that the liquid fuels consumption decreased significantly during the last FY. Hasham Firouz’s and Aghayan’s statements indicate that the decrease in usage caused more liquid fuels exports.
