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Iran Able to Enhance Gas Exports: CEO

 Iran Able to Enhance Gas Exports: CEO

Sunday، 07 October 2018 | Article Rating

TEHRAN (Shana) -- The National Iranian Gas Company (NIGC) CEO, Hamid Reza Araghi, said the country was able to enhance its gas exports to the neighboring countries as well as other potential customers.


According to IRNA, Mr. Araghi told the Russian Energy Week in Moscow on Wednesday about the current state of the gas market in the world, saying that consumption indices in the world showed that consumption of energy would stay growing by 2030.

He said most of the gas consumption would be in power plants in the future.

“Iran is one of the largest gas producers in the world, and in the near future, more neighbors will use Iranian gas, which requires that we prepare the ground for these conditions, “the NIGC CEO said.

Given the infrastructure that has been created in Iran, this country holds the first place in the world's largest gas reserves, he added.

Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.​

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