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Iran’s gas use up 2.27% y/y in H1 fiscal year: NIGC

Iran’s state-run gas company says March-September consumption topped 107 billion cubic meters.

The National Iranian Gas Company (NIGC) says natural gas consumption inside the country increased slightly in the first half of the current calendar year to September 22.

Figures provided by a senior NIGC official on Saturday showed that Iran’s domestic gas consumption in the March-September period had reached a total of 107.173 billion cubic meters (bcm), down by less than 2.5 bcm or 2.27% against the similar period in 2020.

Mohammad Reza Julayi, who leads dispatching operations at the NIGC, said that power plants had been responsible for over 42% of the total gas consumption over the six-month period.

Julayi said households, businesses and small manufacturers had accounted for nearly 35% of the consumption while large industries had burnt the rest of the supply over the period.

The amount of gas injected into Iran’s national gas pipeline network had increased by 3 bcm against the first half of the last calendar year to reach 125.364 bcm in late September, he said.

The official said that consumption on September 23, which marked the first day of autumn in Iran, was 577 million cubic meters, flat against the same day last year.

Iran has seen a significant increase in its gas output and consumption in recent years. Many power plants that used to work on fuels like gas oil have been connected to the natural gas pipeline while demand in the manufacturing and household sectors has also kept increasing.

Output figures reached nearly 1 bcm per day last year thanks to the completion of massive development projects in the South Pars gas field, the world’s largest gas reserve which is shared between Iran and Qatar in the Persian Gulf.

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