NaftaNir is a subsidiary of Pasargad Energy Development Company established in 2010. The main activity of NafteNir is the execution of projects in the oil, gas, petrochemical and power industries. One of the largest and most enduring projects in the oil and gas industry in the Islamic Republic of Iran is the construction of gas export pipelines to Iraq, which was initiated by NaftaNir on July 13, 2015, with 100% private sector investment through the BOT method, with a capital of over $2.8 billion, and completed on February 1, 2016.
It has been operational since September 2017. This project has been implemented in two parts, pipeline and metering station, as well as gas pressure boosting stations. The gas transmission pipeline starts from Asaluyeh, the South Pars gas field, and after passing through five provinces, Bushehr, Khuzestan, Lurestan, Ilam and Kermanshah, and increasing pressure at gas pressure boosting stations, it reaches the borders of Shalamcheh and Naft Shahr for gas exports and for domestic use in the western parts of the country.