What's in it for FinTech startups in events like Biban24    Al Nassr and Al Hilal share points in intense Riyadh Derby draw    SFDA chief discusses investment opportunities in food and pharmaceutical sectors with Chinese companies    Riyadh's Sports Boulevard receives Platinum ActiveScore certifications    ImpaQ: Riyadh to host first Impact Makers Forum in December    Saudi Arabia ranks 12th globally in international visitor spending in 2023    Saudi Red Crescent air ambulance rescues injured camel herder in Qassim desert    Saudi Arabia refutes claims of rising worker fatalities, highlighting low work-related death rates    US says around 8,000 troops from North Korea are stationed in Russia's Kursk region    Spain mourns as death toll passes 150 in catastrophic floods    Seven killed in Israel in deadliest Hezbollah rocket strikes in months    Rapper Young Thug released from US jail after guilty plea on gang charges    Cyclists on phones face jail under Japan's new traffic laws    Hidden sugars in Asia's baby food spark concerns    Saleh Al Shehri strike seals Al Ittihad's Sea Derby win over Al Ahli    HONOR unveils pre-order of the stunning HONOR MagicBook Art 14 Featuring an ultra-slim design, HONOR Eye Comfort Display and AI Cross-OS WorkStation    Derby Week makes its debut in the Roshn Saudi League    Al Nassr eliminated from King's Cup after a defeat to Al Taawoun    Teri Garr, Young Frankenstein and Tootsie star, dies at 79    Indonesia Days event celebrates cultural diversity at Al Suwaidi Park    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Iran, Turkmenistan inaugurate gas pipeline
Published in The Saudi Gazette on 29 - 11 - 2010

TEHRAN: Iran's President Mahmoud Ahmadinejad and his Turkmen counterpart Gurbanguly Berdymukhamedov inaugurated Sunday the last section of a pipeline to export Turkmen gas to northeast Iran, media reported.
The leaders inaugurated the final half of the 1,000-kilometer (620 miles) pipeline which links Tehran to Khangiran refinery near the northeastern Iranian town of Sarakhs, said the official IRNA news agency and state television. The pipeline has a daily capacity of 58 million cubic meters or more than 20 billion cubic meters per year, Iran's Deputy Oil Minister, Javad Owji, said ahead of the ceremony.
Despite having the second largest gas reserves in the world, Iran's own production of 600 million cubic meters per day barely meets domestic consumption.
Iran, which injects gas into oil wells to better exploit its oil reserves, also imports about 20 million cubic meters of Turkmen gas per day and exports about the same to neighboring Turkey.
With an overall cost of $1.2 billion, the Sarakhs-Tehran pipeline extends a cross-border pipeline launched in January between Turkmenistan's Dovletabad gas field and Iran's Khangiran refinery.
The cross-border pipeline between Iran and Turkmenistan has an annual capacity of six billion cubic meters or 16 million cubic meters per day which is expected to eventually double to an annual 12 billion.
Since 1997 Iran has also imported Turkmen gas via another pipeline with the capacity of eight billion cubic meters per year linking the Turkmen field of Korpedje on the Caspian sea to the northern Iranian town of Kord-Kuy.
Iran's gas imports from Turkmenistan are expected to reach 40 million cubic meters a day (about 14 billion cubic meters per year) this winter, Owji said in June.
The Sarakhs-Tehran pipeline would also allow Iran to become a regional “gas hub,” by increasing its gas swap capacity with neighbors and having Central Asian gas transit through its territory to Europe, Owji was quoted as saying Sunday by Iran's English-language Press TV.
– Agence France


Clic here to read the story from its source.